Nexa Collect

DECEMBER 17, 2020

Credit Unions must (seriously) reinvent their brand for millennials to compete for account deposits and financial services. Quite often you drive on the highway and see billboards displaying a variety of ads, including some for services of commercial banks. Or do they?

Credit Unions 130

Credit Unions Credit Unions Financial Institution Financial services 130

Nerd Wallet

DECEMBER 9, 2020

The best credit unions offer the same accounts and services as banks but often with much better terms. This year’s best credit unions have great rates, low fees and generous perks. The article 10 Best Credit Unions of 2020 originally appeared on NerdWallet. Our top five options are easy.

Credit Unions 111

Credit Unions Credit Unions Banks 111

Account Recovery

APRIL 18, 2024

Getting to Know Eddie Antoniewicz of Royal Credit Union Judge Dismisses FDCPA Suit Over Collection Disclaimer Pathward Bank to Pay $700k in Fines, Penalties For Seizing Funds Paid to Debt Collectors CFPB Fines Vocational School for Deceiving Students, Hiding Finance Charges WORTH NOTING: What you eat during the day can have an impact on how […] (..)

Credit Unions 147

Credit Unions Credit Unions Debt collector Collections 147

Nerd Wallet

DECEMBER 9, 2020

They might be thinking about the weather, but Florida residents also have access to many excellent banks and credit unions. Check out some of NerdWallet’s best banks and credit unions nationwide Suncoast Credit Union Checking and savings. Here are a few favorites.

Credit Unions 89

Credit Unions Credit Unions Banks 89

Account Recovery

OCTOBER 11, 2024

The credit and collection sector could be next. Why it matters: As collection agencies, debt buyers, fintechs, banks, and credit unions seek to improve consumer engagement, LLMs offer a potential solution for more natural and effective communication.

Credit Unions 130

Credit Unions Credit Unions Collections Fair Debt Collection 130

Nerd Wallet

JULY 26, 2021

When you’re frequently bombarded with ads for credit cards at big banks, it’s easy to overlook credit cards at a local credit union. Major credit card issuers generally don’t have these requirements. Major credit card issuers generally don’t have these requirements. But while the. But while the.

Credit Unions 102

Credit Unions Credit Unions Banks 102

Consumer Finance

NOVEMBER 6, 2024

The CFPB took action against Navy Federal Credit Union for charging illegal overdraft fees.

Credit Unions 145

Credit Unions Credit Unions Banks 145

Consumer Finance

OCTOBER 30, 2024

The CFPB took action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system.

Credit Unions 113

Credit Unions Credit Unions Banks 113

Account Recovery

MARCH 11, 2025

Why it matters: For professionals in debt collection agencies, debt buying companies, fintechs, banks, credit unions, and consumer finance firms, these findings underscore a growing vulnerability among older borrowers.

Credit Card Debt 130

Credit Card Debt Credit Unions Credit Unions Debt Buying 130

Account Recovery

DECEMBER 2, 2024

The big picture: The financial services industry, including banks, credit unions, fintechs, and debt collectors, increasingly relies on AI for various functions, from assessing creditworthiness to customer service automation. With such reliance comes the responsibility to ensure AI is used ethically and transparently.

Financial services 130

Financial services Credit Unions Credit Unions Creditworthiness 130

Consumer Finance

FEBRUARY 15, 2024

The Consumer Financial Protection Bureau (CFPB) today reported on the first set of results from the newly updated Terms of Credit Card Plans survey.

Credit Unions 144

Credit Unions Credit Unions Banks Financial services 144

Account Recovery

APRIL 25, 2022

Miller will be tasked with supporting the existing sales team in the core industries of accounts receivables management, online lending, banks and credit unions, … The post VoApps hires Kirby Miller as Chief Revenue Officer to Lead Strategic Growth appeared first on AccountsRecovery.net.

Credit Unions 246

Credit Unions Credit Unions Accounts Receivables Management Banks 246

Account Recovery

FEBRUARY 1, 2022

Five of the nation’s major banking trade groups have sent a letter to Rohit Chopra, the Director of the Consumer Financial Protection Bureau, asking the Bureau to conduct a consumer study or focus groups before making any decisions on what to do about overdraft fees, arguing that the information published by the CFPB so far … The post Banking (..)

Banks 246

Banks Trade Credit Unions Credit Unions 246

Nerd Wallet

MARCH 9, 2021

See a summary of our picks for best online banks Best Online Banks of 2021 Synchrony Bank Varo Chime Alliant Credit Union Marcus by Goldman Sachs Ally Bank Discover Bank Nationwide TAB Bank GoBank UFB Direct Radius Online banks and banking service providers offer desktop and mobile banking services without physical branches.

Banks 119

Banks Credit Unions Credit Unions 119

Nerd Wallet

DECEMBER 9, 2020

The best mobile banking options can give you access to financial services anytime you want. With banking apps — or a bank website — on your phone or tablet, you can complete many common tasks, including checking your account balance, finding nearby ATMs and depositing a check by snapping a photo. Here are banks and.

Credit Unions 68

Credit Unions Credit Unions Banks Financial services 68

Consumer Finance

OCTOBER 10, 2023

The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion regarding a provision enacted by Congress which generally prohibits large banks and credit unions from imposing unreasonable obstacles on customers, such as charging excessive fees, for basic information about their own accounts.

Banks 141

Banks Credit Unions Credit Unions Financial services 141

Nerd Wallet

SEPTEMBER 14, 2020

Editor’s note, March 23, 2020: Many banks and credit unions are temporarily waiving ATM fees in response to widespread financial distress caused by the coronavirus situation. To find out if your bank or credit union is one of them, call its customer service line. Spencer Tierney is a writer at NerdWallet.

Banks 105

Banks Credit Unions Credit Unions 105

Credit Corp

APRIL 2, 2024

You can open an account with a traditional bank, set up an online bank account , or choose a neighborhood credit union. As you’re reviewing your options, you may see some claims that credit unions are better than banks. Why is a credit union better than a bank for some people?

Credit Unions 59

Credit Unions Credit Unions Banks Personal loans 59

Nerd Wallet

SEPTEMBER 11, 2020

Editor’s note, March 23, 2020: Many banks and credit unions are temporarily waiving overdraft fees in response to widespread financial distress caused by the coronavirus situation. To find out if your bank or credit union is one of them, call its customer service line. Email: spencer.tierney@nerdwallet.com.

Banks 108

Banks Credit Unions Credit Unions 108

Collection Industry News

JUNE 5, 2022

The Consumer Financial Protection Bureau (CFPB)’s decision to establish supervisory powers over nonbank financial institutions will level the playing field and subject those companies to much-needed scrutiny, credit union trade groups informed the agency Tuesday. Response From Credit Union Trade Groups.

Credit Unions 75

Credit Unions Credit Unions Trade Financial Institution 75

Nerd Wallet

APRIL 5, 2021

A credit union can be a good choice for a business account if there are locations near you and you can qualify to join. These nonprofit, membership-based financial institutions often get high marks for customer satisfaction compared with banks. Ryan Lane writes for NerdWallet. Ryan Lane writes for NerdWallet.

Credit Unions 71

Credit Unions Credit Unions Financial Institution Banks 71

Nerd Wallet

MAY 4, 2021

Signing up for a bank account is usually easy. But just as an application for a credit card might not be approved, a bank or credit union could deny an account application. The article What to Do When You Can’t Open a Bank Account originally appeared on NerdWallet. Margarette Burnette writes for NerdWallet.

Banks 103

Banks Credit Unions Credit Unions 103

Consumer Finance

OCTOBER 4, 2023

The Consumer Financial Protection Bureau (CFPB) announced the appointment of new members to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council.

Credit Unions 137

Credit Unions Credit Unions Banks 137

Nerd Wallet

NOVEMBER 3, 2022

After a Fed rate increase, banks and credit unions tend to raise rates on. The article What the November Fed Rate Increase Means for Your Bank Accounts originally appeared on NerdWallet. The Federal Reserve raised the federal funds rate by three-quarters of a percentage point, or 0.75%, on Nov. Twitter: @SpencerNerd.

Banks 102

Banks Credit Unions Credit Unions 102

Account Recovery

FEBRUARY 20, 2024

Three days after the Consumer Financial Protection Bureau released a report indicating that large banks are offering higher credit card interest rates to consumers than smaller banks and credit unions, one of the nation’s largest credit card issues — Capital One — announced it was buying another of the nation’s largest issuers (..)

Credit Unions 147

Credit Unions Credit Unions Banks 147

Consumer Finance

JUNE 14, 2022

The Consumer Financial Protection Bureau (CFPB) is seeking public input on how bank customers can assert their rights to better customer service with big banks. A 2010 federal law specifies that consumers have rights to obtain timely responses to requests for information about their accounts from large depository institutions.

Banks 91

Banks Credit Unions Credit Unions 91

Account Recovery

OCTOBER 6, 2023

The Consumer Financial Protection Bureau yesterday announced the newest round of appointments to its Consumer Advisory Board, Community Bank Advisory Counsel, Credit Union Advisory Counsel, and Academic Research Council, and once again, the accounts receivable management industry is on the outside looking in.

Credit Unions 147

Credit Unions Credit Unions Accounts Receivables Management Banks 147

Consumer Finance

DECEMBER 18, 2023

The Consumer Financial Protection Bureau (CFPB) today issued a new report finding that many consumers are still being hit with unexpected overdraft and nonsufficient fund (NSF) fees, despite recent changes implemented by banks and credit unions that have eliminated billions of dollars in fees charged each year.

Credit Unions 133

Credit Unions Credit Unions Banks 133

Nerd Wallet

OCTOBER 19, 2020

Bank student loans are no longer available. Bank loans or take out new student loans from other banks, as well as credit unions and online lenders. Bank Student Loans: Are They Available? But you can refinance existing U.S. Ryan Lane is a writer at NerdWallet. Ryan Lane is a writer at NerdWallet.

Student loans 81

Student loans Student Loans Banks Loans 81

Fico Collections

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. billion globally in 2021 – banks and credit unions are losing their status as the primary financial services providers to American consumers. Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? by Darryl Knopp.

Credit Unions 52

Credit Unions Credit Unions Banks Financial Institution 52

Consumer Finance

SEPTEMBER 16, 2024

Over the past decade, we have seen a significant incursion into consumer deposit taking and payments activities by companies that aren’t banks or credit unions. These firms want the public benefits of being a bank or credit union, without the public obligations.

Credit Unions 93

Credit Unions Credit Unions Banks 93

Nerd Wallet

JULY 26, 2021

Editor’s note: Online banking platform Simple announced its shutdown and transition to BBVA USA in January this year. Then in June, BBVA was acquired by PNC Bank. According to PNC, the full conversion of bank systems and branches will occur in October 2021. Ally Bank and PNC Bank are two leading banking services.

Banks 98

Banks Credit Unions Credit Unions 98

Nerd Wallet

DECEMBER 9, 2020

The best national banks are available across the country and offer extensive ATM networks as well as features like sign-up bonuses and strong interest rates. Looking for the largest national banks instead? 6 largest national banks If you’re most interested in being able to visit a. Tony Armstrong writes for NerdWallet.

Banks 107

Banks Credit Unions Credit Unions 107

Nerd Wallet

OCTOBER 6, 2021

Putting your money with one of the largest banks generally means you’ll have more access to in-person services at branches, a large ATM network and a wide array of products and services, which can be convenient if you’re looking to do all your banking in one place. To find the largest banks in the U.S.,

Banks 105

Banks Credit Unions Credit Unions 105

Consumer Finance

APRIL 6, 2022

Director Chopra remarks at the April 7, 2022 combined CBAC & CUAC meeting.

Credit Unions 76

Credit Unions Credit Unions Banks 76

Jimerson Firm

JANUARY 31, 2023

Banks and credit unions should not only routinely require, but also closely scrutinize, criminal background checks during the hiring process in order to maintain compliance with applicable regulatory schemes. The SBA regulations will apply to both banks and credit unions that process SBA loans. 4), Fla.

Credit Unions 52

Credit Unions Credit Unions Banks Financial Institution 52

Consumer Finance

FEBRUARY 28, 2023

The Consumer Financial Protection Bureau (CFPB) announced today the appointment of new members to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council.

Credit Unions 100

Credit Unions Credit Unions Banks 100