On July 29, North Carolina Governor Pat McCrory signed the Financial Exploitation of Older Adults bill, which requires all financial institutions to report when they suspect someone 65 or older, or a disabled adult over 18, is being financially exploited. It also protects the liability of those making the good...
NCUA chairman to meet at White House today for closed-door Dodd-Frank update.
Survey from Sageworks shows bank, credit union examiner focus.
President's new plan resembles Senate measure to wind down Fannie and Freddie.
Center for Responsible Lending report alleges excessive multiple charges, re-ordering to maximize fee income.
In a move to recruit checking account depositors, Discover Financial Services announced a deal with Allpoint last week to offer millions of Discover card holders access to Allpoint branded ATMs.
Trade associations are hopeful the NCUA will reduce its 2013 operating budget during its monthly board meeting July 25. While the board’s open meeting agenda has not yet been released, historically the federal regulator makes mid-year adjustments to the operating budget and announces the annual corporate assessment rate in July.
CU24, CO-OP said they still have competitive differentiation as Discover gets to 133,000 surcharge-free ATMs.
Credit unions executives located in or near Rep. Gary Miller’s (R-Calif.) district in Southern California voiced their approval of a bill introduced by the House Financial Committee leader on June 28.
Proposed rule adds some exemptions to Dodd-Frank requirements set to take effect next January.