Fresh Today

Fresh Today

WESTBROOK, Maine–The Maine Bureau of Insurance has approved a new Maine Employer Welfare Arrangement (MEWA), an association formed to provide a collective non-profit health insurance program for Maine’s 54 credit unions and affiliated Maine Credit Union Service Organizations (CUSOs).

LOS ANGELES–A former chief executive of a credit union who allegedly embezzled $40 million from his Studio City employer over the past two decades pleaded not guilty on Thursday to a federal criminal complaint charging him with siphoning off the funds to pay for gambling, expensive cars and watches and travel by private jet.

WASHINGTON—The CFPB’s director has indicated it will be proposing new rules on debt collection practices it says are designed to enhance the power of consumers in dealing with collectors. The objective is specifically aimed at providing a reprieve to consumers targeted by calls for debts they often don’t even know they owe.