WASHINGTON-Two CU reps are among the 25 consumer experts from outside the federal government that the Consumer Financial Protection Bureau (CFPB) has appointed to form its new Consumer Advisory Board (CAB). Named to the CAB were Bill Bynum, CEO of Hope Community CU, Jackson, Miss., and Laura Castro de Cortes of Centris FCU, Omaha, Neb. The CFPB also named 15 people to its new Credit Union Advisory Council: Bernard Balsis of IEG FCU; Rose Bartolomucci of Towpath CU; Gary Bell of Cooperative FCU; John Buckley of Gerber FCU; Carla Decker of District Government Employees FCU; Ron Ehrenreich, Syracuse Cooperative FCU; Kevin Foster-Keddie of Washington State Employees CU; Mitchell Klein of Police and Firemen FCU; Lily Lo of Northeast Community FCU; Maria Martinez of Border FCU; Marcus Schaefer of Truliant FCU; Camille Shillenn of Unified People's CU; Helen Godfrey Smith of Shreveport FCU; Gregg Stockdale of 1st Valley CU, and David Wright of Services Center FCU.
-
From showing up authentically to understanding oxytocin, a session at this week's CAAFP held by The American College of Financial Services called into question some traditional industry approaches to planning.
10h ago -
A report released this week by Sen. Ron Wyden, D-Ore., shines a light on what is required of banks when high-net-worth clients engage in suspicious activity.
August 6 -
The latest consumer conditions study from the American Financial Services Association paints a less-than-rosy picture of how lenders expect the second half of the year to play out.
August 6 -
The American College of Financial Services is launching a certification program to train financial professionals on the ins and outs of donor-advised funds.
August 6 -
The neobank in the second quarter blew past Wall Street's expectations and posted its second quarter of GAAP profitability as its payments-centric business model continues to resonate with consumers and challenge incumbent banks.
August 6 -
The 3 basis point gain in the 30-year fixed comes as investors are now pricing in the likelihood of a Federal Reserve short-term rate hike in September.
August 6










