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SPRINGFIELD, Mass.–Gov. J.B. Pritzker signed the Illinois Predatory Lending Prevention Act into law, which caps annual interest rates on short-term loans at 36%.

ATLANTA–The Federal Home Loan Bank of Atlanta is reporting North Carolina-based Truliant FCU has become the first financial institution in the Southeast to complete a transfer of an electronic promissory note (eNote) to FHLBank Atlanta.

BANNOCKBURN, Ill.–Great Lakes Credit Union said it has been recertified with “Bank On Chicago,” a partnership that allows it to assist underbanked and unbanked communities throughout the Chicagoland area to gain access to banking products and financial education.

WASHINGTON – The Consumer Financial Protection Bureau (CFPB) has issued a consent order against a debt collector and its owner for harassing thousands of consumers, falsely threatening them with legal action.

WASHINGTON–Saying it is part of its ongoing efforts to expand financial inclusion, the Federal Deposit Insurance Corporation (FDIC) has launched a public awareness campaign about the benefits of opening a bank account.

HENDERSON, Nev.–Credit unions need to get refocused, financially fit and must also adapt—the other option is to die, according to one person.

In an interview as part of the Underground Chats hosted by Mitchell Stankovic, Stephen Bohanon, founder and chief strategy and sales officer with Alkemi, was blunt in his assessment of what credit unions need to do.

NEW YORK—Chase has reintroduced its lucrative 80,000-point welcome bonus on the Chase Sapphire Preferred Card and added a new, elevated offer on the Chase Sapphire Reserve worth 60,000 points.

HENDERSON, Nev.–Many people launch projects with high hopes of making a world of difference. Sue Mitchell has done so—literally. 

ith Women’s History Month having come to a close, Credit Unions for Kids (CU4Kids) would like to take a moment to celebrate the women who lead the credit union movement forward and drive remarkable fundraising and volunteering efforts in support of Children’s Miracle Network (CMN) Hospitals, including the three outstanding leaders we caught up with for this article.