Fresh Today

Fresh Today

MARLBOUGH, Mass.—The $8.5-billion Digital Federal Credit Union here must face a lawsuit accusing it of charging overdraft fees to thousands of customers based on an artificially low “available balance” when they had ample money in their accounts, a federal judge in Massachusetts has ruled.

LOS ANGELES–Wescom Credit Union today will be supporting World Kindness Day by picking up the tab for lucky guests at 23 The Coffee Bean & Tea Leaf locations across Los Angeles, Orange, Ventura, Riverside and San Bernardino counties in California.

ARLINGTON, Va.—Total consumer credit rose 3.3% in September – somewhat of a deceleration from previous months. Revolving credit (primarily credit cards) fell for the fifth time this year, decreasing 0.4% in September, as interest rates continue to rise, a new report shows.

HOLLYWOOD, Calif.–Tomorrow credit unions are going to be fundamentally different organizations than today, needing to understand new processes, prepare for machines talking to machines, and possibly even paying members to use their data, according to one person.