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National Taxpayers Union targets credit union push

National Taxpayers Union targets credit union push Citing problems with credit union industry transparency, oversight, and unfair competition, the National Taxpayers Union told key members of...

Jul 17, 2020
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Article
Credit Unions

FinCEN issues advisory on Twitter scam

FinCEN issues advisory on Twitter scam The Financial Crimes Enforcement Network issued an advisory on a high-profile scam exploiting Twitter accounts to solicit fraudulent virtual currency...

Jul 17, 2020
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Article
Cybersecurity

ICBA, States Offer Stimulus Plan Ahead of Congressional Debate

ICBA, States Offer Stimulus Plan Ahead of Congressional Debate As the leaders in responding to the economic fallout of COVID-19 and responsible for two-thirds of Paycheck Protection Program loans,...

Jul 16, 2020
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Article
Advocacy Crisis Preparedness Lending

FINBOA Announces New Webinar Series: Process Automation Within Reach

FINBOA Announces New Webinar Series: Process Automation Within Reach Critical Considerations for Automating Reg E Compliance Today FINBOA announced it will host a new webinar series, Process...

Jul 15, 2020
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Article

Community bank PPP share continues climb

Community bank PPP share continues climb Lenders under $10 billion in assets have made some 2.52 million PPP loans worth more than $229 billion through both rounds of funding, according to SBA data...

Jul 14, 2020
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Article
Advocacy Crisis Preparedness Lending

ICBA seeks updates to Nacha ACH overhaul

ICBA seeks updates to Nacha ACH overhaul ICBA told Nacha that it generally supports a provision in proposed operating rule updates that would employ ACH as a low-cost account-validation method for...

Jul 14, 2020
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Article
Compliance

CFPB report touts credit builder loans

CFPB report touts credit builder loans The Consumer Financial Protection Bureau released a report on how credit builder loans could help consumers establish credit records and improve the credit...

Jul 14, 2020
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Article
Consumer Financial Protection Bureau (CFPB)

House committee passes ag appropriations

House committee passes ag appropriations The House Appropriations Committee approved fiscal 2021 agriculture and rural development legislation. The bill allows for a combined $153 billion in...

Jul 13, 2020
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Article
Agriculture