Student Beats Odds to Start College—First in His Family—With Help From Maps IDA

Gilberto Celestino watched his immigrant parents struggle to provide. But rather than losing hope, he internalized the value of hard work. And with a hand from Maps Credit Union’s Community Foundation, he overcame enormous obstacles to become the first member of his family to enroll in college.

New Mortgage Rules Take Effect Jan. 10; CFPB’s Cordray Thanks Credit Unions for ‘Hard Work’

On the eve of the implementation of new mortgage rules adopted by the Consumer Financial Protection Bureau, CFPB Director Richard Cordray thanked credit unions this week for taking “another critical step in the ongoing recovery of the housing market.”

Credit Card Act Turns 1 Year Old Today

Since Phase I of the credit card act went into effect one year ago today, credit unions have had to modify their statements, work on fee structures, deal with change in terms notices, review interest rate increases, and adapt to a slew of other changes imposed by the regulation.