Worldwide Foundation Launches ‘Project Storm Break’ to Assist After Natural Disasters 07/04/2019 03:56 pm MADISON, Wis.—The Worldwide Foundation for Credit Unions is building upon its long tradition of providing relief to credit unions reeling from natural disasters by launching Project Storm Break—an annual campaign to establish a forward-prepared disaster fund.
NAFCU CEO Dan Berger Named to U.S. Chamber’s Association Committee 07/04/2019 03:56 pm WASHINGTON–NAFCU President Dan Berger is among eight new members who have joined the U.S. Chamber of Commerce’s Association Committee of 100 (C100).
Senate Passes NDAA With Base-Access Provision Opposed by CUs 06/28/2019 07:24 am WASHINGTON–The Senate has passed a huge $750-billion defense bill that includes language opposed by credit unions that would extend to banks certain waivers for rent and other facilities costs for financial institutions on military installations currently granted to credit unions.
House Holds First Hearing on Fintechs 07/04/2019 03:57 pm WASHINGTON—The House Financial Services Committee’s Task Force on Financial Technology recently held its first-ever hearing on the fintech industry.
What You Might Have Missed, Plus 3 Takeaways, From Finovate 06/27/2019 07:00 pm The labyrinth known as San Francisco’s Hilton Union Square had decent tech startup, VC and banker energy just a few weeks ago for the Finovate meeting.
Comment Deadlines Approaching on Risk-Based Capital Proposal, Other Plans 07/04/2019 03:57 pm WASHINGTON—Comments are due this month on proposals from several federal agencies that will have an effect on credit unions, including risk-based capital, same-day automated clearing house (ACH) changes and more.
24 Attorneys General Urge CFPB To Keep Overdraft Rules in Place 07/04/2019 03:57 pm NEW YORK- The attorneys general from 24 states and the District of Columbia have sent a joint letter to the Consumer Financial Protection Bureau urging it to not roll back its decade-old rules that limits the ability of banks to charge overdraft fees when customers spend more than they have in their accounts.
Program Evolving To Help More Young Adults 06/27/2019 07:48 pm MADISON, Wis.—Crashers are growing up, and so is the program that supports them.
Most Card Debt Is Clustered Along U.S. Coasts, & Other Findings 07/16/2019 06:44 pm NEW YORK—About one-in-six credit cardholders in America's biggest cities carry a balance of $10,000 or more, according to a new report.
Capital One Adds Enhancements To Its Business Cards 06/27/2019 07:50 pm MCLEAN, Va.—Capital One is enhancing one of its popular business credit cards with a cardholder benefit that pays for federal trusted-traveler programs aimed at helping flyers get through airport security lines quicker.