by GrafWebCUSO | May 9, 2017 | News
Borrowers turned to credit unions for cars, motorcycles, boats, college and credit cards in March to an extent not seen in 16 years. Credit unions held $393.7 million in consumer loans in March, up 14.1% from a year earlier, the Federal Reserve reported in...
by GrafWebCUSO | May 8, 2017 | News
Rep. John Delaney, D-Md., introduced bipartisan legislation Friday to allow student debt to be discharged in bankruptcy. The Discharge Student Loans in Bankruptcy Act (H.R. 2366) reforms federal bankruptcy rules to establish parity between student loan debt and...
by GrafWebCUSO | May 8, 2017 | News
The NCUA approved only eight mergers in March. That’s the lowest number of consolidations approved in the month of March over the last 10 years, according to a review of the NCUA’s Insurance Reports of Activity for the month of March since 2008. In March...
by GrafWebCUSO | May 8, 2017 | News
Some of the realities of the House’s passage of the American Health Care Act include a major cut to Medicaid ($880 billion), which is how many seniors pay for nursing home care — and allowing insurers to charge older people five times more for...
by GrafWebCUSO | May 8, 2017 | News
Puerto Rico’s bankruptcy filing last week should not have an impact on the island’s cooperativa system, according to the Association of Cooperative Chief Executive Officers of Puerto Rico. “The cooperative sector has been preparing for this for some...
by GrafWebCUSO | May 8, 2017 | News
The financial services industry are prime targets according to research revealing 130 million fraud attacks detected in just a 90-day period with the growth in attacks outpacing transaction growth by 50%. San Jose, Calif. based digital identity firm’s...
