Get Ready for NCUA's Alternative Capital Notice for Proposed Rulemaking 08/30/2017 08:01 pm NCUA is determining its next step on alternative capital after receiving more than 800 comments on its Advanced Notice on Proposed Rulemaking (ANPR), an important step in modernizing capital regulations to provide credit unions robust and diverse ways to manage their capital.
Analysis: Falling Below This Line Means A Grim Prognosis 08/30/2017 08:01 pm WASHINGTON—Less than 20% of credit unions that become significantly undercapitalized are still active or independent, according to NCUA data.
PayPal Customers Can Now Earn Cash Back With New Mastercard Offering 08/30/2017 08:01 pm SAN JOSE, Calif.—PayPal customers in the U.S. can now earn cash back on every purchase online and in stores with Wednesday’s launch of the new PayPal Cashback Mastercard issued by Synchrony Bank.
More Americans Continue to Tap Home Equity; FIs Play Down Any Risks 08/30/2017 08:01 pm NEW YORK–More Americans are tapping their (rising) home equity.
What’s Your Plan? Congressman Asks CFPB’s Cordray 08/30/2017 08:02 pm WASHINGTON—House Financial Services Committee Chairman Jeb Hensarling (R-TX) has written a letter to CFPB Director Richard Cordray asking about his motives behind the reported rush to finalize the CFPB's payday lending rule and his future at the Bureau.
Tropical Storm Harvey Coverage: CUs Offer Update on Operations & Their Employees; Help Extended to Members 08/31/2017 08:28 pm CORPUS CHRISTI, Texas—As credit unions in Houston still struggle to get back on their feet, counterparts in other areas of this storm-ravaged state are in better shape and focused on helping members.
NASCUS Summit Coverage: An Insider View On Future of CFPB 08/30/2017 08:02 pm SAN DIEGO–What’s going on at the CFPB, and what lies ahead?
NASCUS Summit Coverage: Why You Should Read This, Even Though It’s About Politics 08/30/2017 08:03 pm SAN DIEGO–Perplexed, upset and maybe even angry over the current state of politics and dialogue in the United States right now? You can relax, reassures one person: the country has been here before and emerged in a better place.
NASCUS Summit Coverage: Biggest Question For Economy? The ‘T Factor’ 08/31/2017 08:35 pm SAN DIEGO–What’s the forecast for the economy and interest rates? It all comes down to the “T-factor,” according to one economist: the T being President Donald Trump.
Tropical Storm Harvey Coverage: Oklahoma CUs Collecting Supplies 08/30/2017 08:03 pm OKLAHOMA CITY, Okla.–Credit unions in Oklahoma, which are served by the Cornerstone CU League that also serves CUs in Texas, have organized a response and are providing assistance following Hurricane/Tropical Storm Harvey.
