While credit unions continue gaining members, a big positive today, there’s a less sunny side to the news. The Credit Union Satisfaction Index from CFI Group shows member satisfaction is at a four-year low. The score slipped three points on a 100...
League sources report that the Consumer Financial Protection Bureau has finalized its agenda for 2017. Among items of note, the Bureau issued a Notice of Proposed Rulemaking (NPRM) in May 2016 concerning the use of arbitration clauses in consumer...
The National Credit Union Administration Board held its 11th open meeting of 2016 at the agency’s headquarters recently and unanimously approved items, including a final rule providing regulatory relief to federal credit unions by eliminating the...
In May 2015, the CFPB issued a report, “Data Point: Credit Invisibles,” that documented the results of a research project it conducted to better understand the demographic characteristics of consumers without traditional credit reports or credit...
GTE Financial Credit Union was recently awarded Tampa Bay Business Journal’s 2016 Corporate Philanthropy Award in its category, as well as the publication’s highest honor, the Benefactor of the Year award. According to GTE Financial, the credit...
According to cybercrime expert Brian Krebs, “Federal investigators in the United States and Europe last week arrested nearly three-dozen people suspected of patronizing so-called ‘booter’ services that can be hired to knock targeted Web sites...