News

CEO Kevin Jones hopes to buy more financial institutions to achieve the CU's growth goal.

The CFPB issued its 538-page proposal rule implementing the Fair Debt Collection Practices Act earlier this week.

"CU Training granted CU Solutions Group the exclusive rights to market and sell their software and solutions to organizations located in the U.S."

CU trade groups say while the rule only covers third-party collectors, many CUs hire those firms.

CU officials respond to "too-big-too-fail Wall Street banks" comparing themselves to credit unions: "It would be laughable if it weren't so shameful."

"We believe Elevate Credit Union provides a foundation for growth in the years ahead."