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.
The CFPB releases a report critical of current DoD lending protections with its MLA comment letter.
Executives from the UK-based World First Group says American market is an oligopoly, dominated by one or two big banks in each market.
Finance website predicts the CFPB will require institutions to prove ability to repay before offering overdraft protection.