Firm reports income from fees credit card issuers charge for late payments, going over credit limits, is lowest since 2009.
The Supreme Court TILA disclosure ruling will not affect credit unions that already follow TILA best practices.
Wells Fargo and JPMorgan Chase receive order to pay $35.7M in penalties for illegal mortgage kickbacks.
Lower overdraft fees and expanded opt-in are possible provisions of a new overdraft rule, expected from the CFPB mid-year.
The $1M Faith Based FCU makes national headlines for providing a member with payday loan relief.
Texas Congressman says CFPB should choose a less costly alternative such as selling the building to the highest bidder.
Rate Checker site allows users to track interest rates and other loan information by state.
The loss of more credit unions is at stake if regulatory burdens do not ease up.
Credit unions can grow lush gardens of members and loans, but only if they aren't viciously pruned by regulators.
Mary Hughes, Financial Institutions Bureau Chief of the Idaho Department of Finance, is council’s newest member.