Advanced search

WASHINGTON–The Federal Financial Institutions Examination Council (FFIEC), of which NCUA is a member, has released one new section and updates to three sections of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual.

AUBURN HILLS, Mich. – The $365-million Cornerstone Community Financial Credit Union said theState of Michigan’s Department of Insurance and Financial Services has given it the OK to expand its field-of-membership into both Michigan and Ohio.

WASHINGTON–New debt collection rules from the Consumer Financial Protection Bureau have now gone into effect, with the agency reminding there are five key issues credit unions and other institutions need to be giving attention.

WASHINGTON – Advocates at the National Consumer Law Center are applauding District of Columbia Attorney General Karl Racine’s announcement that the District has reached a settlement with what it referred to as a “predatory rent-a-bank lender,” OppFi, which requires it to abide by the District’s interest rate limits and to provide over $2 million in relief to wronged consumers.

MADISON, Wis.— Summit Credit Union said it has made a $2 million donation to launch The Center for Black Excellence and Culture in South Madison.

CHICAGO— A year after many banks were forced to tighten their lending requirements at the height of the pandemic—leading to a reduction in new card approvals—much has changed.

BALTIMORE—One credit union that outsourced its indirect auto lending business says it views dealerships as branches of the credit union.

BEAVERTON, Ore.–Tom Sargent, the former CEO of First Tech FCU who was well-known to many for his role at CO-OP Network and Children’s Miracle Network, has died.