Credit Union 1 Among Partners in Public/Private Financing Program for Start-Up Cannabis Biz 09/28/2021 07:41 pm RANTOUL, Ill.–Credit Union 1 is one of two private partners participating in a public/private program offering funding to start-up cannabis-related businesses in this state, particularly those owned by minorities.
Letter to CUs Offers Reminders on Expiration Dates, Deadlines for Homeowner Protection Programs 09/28/2021 07:46 pm ALEXANDRIA, Va.–Credit unions are being reminded by NCUA that many homeowner protection programs put in place by the government during the pandemic are now expiring, and credit unions have until tomorrow to act on a number of related issues.
Paperwork Reduction Act Requirement Could Add to Paperwork Burden, According to NAFCU 09/28/2021 07:44 pm ARLINGTON–Concerns over the potential for increased administrative burden on CUs related to the Paperwork Reduction Act have been shared with NCUA in a letter from NAFCU.
You Can Probably Guess Which Big Bank Has Agreed to Pay Yet Another Fine 09/28/2021 07:44 pm SAN FRANCISCO–Wells Fargo has agreed to pay yet another fine over its activities, in this case $37 million to settle a government lawsuit accusing the bank of defrauding hundreds of commercial customers.
Have a Big Idea? Deadline Approaching for Entering NACUSO Contest 09/28/2021 07:44 pm GRAND RAPIDS, Mich.– The National Association of Credit Union Services Organizations (NACUSO) said it is now accepting entries for the 2021 Next Big Idea Competition. The deadline to apply is Oct. 1, 2021.
New Michigan Law Requires Banks, CUs to Report Financial Exploitation of Vulnerable People 09/28/2021 07:44 pm LANSING, Mich.– A new law in Michigan requires banks and credit unions to report financial exploitation committed against vulnerable customers/members.
Five Countries Seek Limits on Cash Payments as Means of Fighting Crime 09/28/2021 07:44 pm BRUSSELS, Belgium—The Netherlands, Belgium, France, Italy and Spain together have petitioned the European Commission to limit the amount consumers can pay in cash within the European Union to €5,000.