RALEIGH, N.C. - (04/14/06) Coastal FCU is promoting itselectronic statement service in conjunction with this yearsEarth Day as a way to cut down on paper use and be moreenvironmentally friendly. The credit union is encouraging its154,000 members to simultaneously help preserve precious naturalresources, fight identity theft and save money by opting to receivetheir account statements electronically. Every year, Coastal issuesmore than one million paper statements, each consuming severalpages. By making the switch to e-Statements, members can help savean estimated 42 tons of paper, or 1200 trees annually,theyve estimated. Almost 23,000 members already usee-Statements on a monthly basis. Current members can make theswitch online by visiting Coastals website, and new memberscan sign up for the service when they join the creditunion.
-
A federal judge ruled that acting Consumer Financial Protection Bureau director Russell Vought unlawfully refused to request agency funding from the Federal Reserve Board, dealing a procedural blow to a legal argument that the Fed can only fund the CFPB when it turns a profit.
10h ago -
A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
March 13 -
The bank and fintech entered an agreement to expand open banking ahead of the CFPB's new 1033 rule and announced joint fraud-combatting product improvements.
March 13 -
A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
March 13 -
Investors claim JPMorganChase collected fees while ignoring suspicious transfers linked to a $328 million crypto Ponzi scheme.
March 13 -
Federal bank enforcement actions have dropped sharply since the start of the second Trump administration, but experts' views vary about whether less enforcement will result in a buildup of risk in the financial system.
March 13











