TruthFinder Wasn’t So Truthful, Checkmate Checkmated Consumers, Says FTC In Assessing Fines 09/13/2023 07:09 pm WASHINGTON–The Federal Trade Commission said it will require background report providers TruthFinder and Instant Checkmate to pay $5.8 million to settle charges that they deceived consumers about whether consumers had criminal records and that the companies violated the Fair Credit Reporting Act (FCRA).
U.S. Likely to Dodge Recession Even As Economy Slows, Predicts New ABA Forecast 09/13/2023 07:19 pm WASHINGTON — The U.S. is likely to dodge a recession even as economic momentum slows over the next few quarters, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee.
Allegacy FCU CEO Cathy Pace Announces Retirement Plans 09/13/2023 07:14 pm WINSTON-SALEM, N.C.–After a decade as president and CEO and more than 45 years of service in credit unions, Cathy J. Pace has announced plans to retire from Allegacy FCU, effective Jan. 1, 2025.
Get Members Involved In Fraud Fight 09/13/2023 07:19 pm SUNNYVALE, Calif.–With FedNow launched, one credit union that is already part of the Federal Reserve’s new 24x7x365 real-time payments network is stressing it’s even more critical to get members involved in the fraud fight.
18 Credit Unions Among Recipients of FHLB San Francisco’s AHEAD Grants 09/13/2023 07:14 pm SAN FRANCISCO – The Federal Home Loan Bank of San Francisco has awarded $4 million in Access to Housing and Economic Assistance (AHEAD) for economic development grants, including 18 credit unions.
