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FRASER, Mich.–NCUA has issued a cease-and-desist order against a credit union here related to its servicing of cannabis businesses and inadequate filing of Suspicious Activity Reports (SARs).

WASHINGTON—NAFCU thinks the Paycheck Protection Program (PPP) can be improved, while CUNA wants PPP loans to be exempted from the member business lending cap.

WASHINGTON–The nation’s retailers are hailing an announcement by Visa and Mastercard that they plan to delay an estimated $1.2 billion increase in credit card swipe fees but said the delay should be made permanent.

WASHINGTON–The Consumer Financial Protection Bureau has issued a statement expressing concern that stimulus payments won’t reach some Americans and will instead go to debt collectors.

WASHINGTON—Credit unions have continued to provide a record-breaking number of mortgage loans, and continued their role in financial education, informing members of significant mortgage relief available to those negatively impacted by the COVID-19 crisis, CUNA told the Senate Committee on Banking, Housing, and Urban Affairs.