by GrafWebCUSO | Sep 1, 2017 | News
The NCUA has proposed merging the Temporary Corporate Credit Union Stability Fund into the National Credit Union Share Insurance Fund, and soon. And for the first time the regulator has asked credit unions themselves for input on how it’s managed those two funds...
by GrafWebCUSO | Sep 1, 2017 | News
The most popular online exchange for trading digital currencies is generating a surge in customer complaints this year even as investors are lured by a dramatic rise in prices. The CFPB has received at least 293 complaints about Coinbase Inc., according to data...
by GrafWebCUSO | Aug 31, 2017 | News
The Cornerstone Credit Union League reported Thursday that 60 credit unions are still closed while 41 credit unions have reopened throughout flood-ravaged Houston and the counties throughout Southeastern Texas. The league also reported nearly $400,000 has been raised...
by GrafWebCUSO | Aug 31, 2017 | News
Banks have a challenge when Congress returns from summer recess next week. His name is John Neely Kennedy. The freshman Republican senator from Louisiana is one of a handful of lawmakers who could squash the finance industry’s dream of tweaking a key CFPB...
by GrafWebCUSO | Aug 30, 2017 | News
CFPB Director Richard Cordray is once again refusing to tell House Financial Services Chairman Jeb Hensarling (R-Texas) whether he will fill out his term or resign to run for Ohio Governor. “At this time, I have no further insights to provide on that...
by GrafWebCUSO | Aug 30, 2017 | News
More than two feet of rain over the last 24 hours pounded the small Texas cities of Beaumont and Port Arthur forcing the closure Wednesday of 13 credit unions that collectively serve nearly 130,000 members and their families. While Tropical Storm Harvey veered into...