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February

27
2024
Industry News

PURDUE FEDERAL CREDIT UNION CELEBRATES 55 YEARS OF SERVICE

Founded in 1969, Purdue Federal Credit Union has been supporting its members for the last 55 years. A local credit union that was created by members, Purdue Federal has achieved this important milestone through trusted relationships and a thriving culture.

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February

27
2024
Industry News

CFPB Establishes Supervisory Authority Over World Acceptance

The Consumer Financial Protection Bureau (CFPB) has taken action to establish supervisory authority over installment lender World Acceptance Corp., saying it aims to ensure compliance with federal consumer financial protection laws.

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February

26
2024
Industry News

Navy Federal Credit Union named in class-action lawsuit alleging racial discrimination

ALEXANDRIA, Va. (WAVY) — A team of attorneys, including nationally-known civil rights advocate Ben Crump, claims Navy Federal Credit Union — the world’s largest credit union — used racially-motivated lending practices.

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February

26
2024
Industry News

Tlaib Introduces Bill to Address Youth Homelessness

DETROIT —Today, Congresswoman Rashida Tlaib (MI-12) introduced the Youth Homelessness Guaranteed Income Pilot Program Act. This bill establishes a new way to address youth homelessness in our country.

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February

26
2024
Industry News

Congress Continues to Pressure Zelle and Other Payment Apps to Change Their Fraud Policies

On February 15, Senators Sherrod Brown (D-OH), Jack Reed (D-RI) and Elizabeth Warren (D-MA) sent a letter to Zelle seeking clarification of its reimbursement policy for victims of imposter scams.

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