How Much Will Expected Fed Rate Cut Boost CU Biz? 09/17/2024 07:16 pm CHICAGO—While the expected Federal Reserve rate cut today won’t be a big bottom-line boost to most consumers, credit unions should be positioning themselves for the spike in consumer confidence any cuts will bring, says TransUnion.
New CFPB Guidance Targets ‘Phantom’ Overdraft Opt-In Agreements 09/17/2024 07:25 pm WASHINGTON—The Consumer Financial Protection Bureau has published guidance it says is designed to help federal and state consumer protection enforcers stop financial institutions from charging overdraft fees based on “phantom” opt-in agreements.
TruStage To Make $1-Million Direct Cash Contribution To AACUC Future Fund 09/17/2024 07:27 pm MADISON, Wis.––TruStage is making a $1-million direct cash contribution to the African-American Credit Union Coalition’s (AACUC) Future Fund, the company announced.
DCUC Urges Senate Committee To Better Support Veteran-Owned Small Businesses 09/17/2024 07:27 pm WASHINGTON—The Defense Credit Union Council (DCUC) sent a letter to the Senate Small Business and Entrepreneurship Committee urging members to take action to better support veteran-owned small businesses in rural America.
New Data Show How CUs In California & Nevada Are Giving Back To Communities 09/17/2024 07:27 pm ONTARIO, Calif.—New research reveals that credit unions in California and Nevada last year delivered nearly $202 billion in loans to consumers and businesses.
Used Values Shift Gears In August 09/17/2024 07:26 pm LAWRENCEVILLE, Ga.— Used vehicle values shifted gears in August, Black Book reported.
Vermont FCU Collects More Than 9,000 lbs. Of Food For Local Foodbank 09/18/2024 09:19 am SOUTH BURLINGTON, Vt.--Vermont Federal Credit Union collected over 16 pallets of food, totaling just under 9,000 lbs., at the Vermont Foodbank Day event held on Aug. 29 at the Champlain Valley Fair, the CU reported.
