CFPB Sets Fair Lending Priorities

The CFPB will focus its fair lending resources on small business lending, mortgage and student loan servicing and redlining, the agency has announced in its annual Fair Lending Report. “Going forward, we will continue to identify areas of new and emerging fair...

ACH Volume Surpasses 25 Billion Payments

Following four consecutive quarters surpassing five billion electronic payments each, overall ACH network volume in 2016 reached 25.6 billion transactions and $43.7 trillion transferred, according to NACHA — The Electronic Payments Association. This represents...

In Some Places, Average is a Failing Credit Score

In Sun City West, Ariz., the average resident has a credit score so high that banks would be lining up to extend loans. Drive 270 miles northeast to Pinon, Ariz., or 2,400 miles east to Camden, N.J., and the average resident has a credit score so low most banks...

Rogue CU, Royal CU, Veridian CU Reveal Staffing News

Credit unions located across the nation, as well as the Minnesota Credit Union Foundation and Iowa Credit Union League recently announced new hires, promotions and appointments. Check out this past week’s People news below. WEST The $1.2 billion Rogue...