Fresh Today

Fresh Today

CHANTILLY, Va.—Justice FCU has selected a new president and CEO. The $794-million Justice Federal has named Mark L. Robnett to lead the organization, after having served as interim CEO since May.

WASHINGTON—Columbia University economist Richard Clarida has been sworn in to serve as vice chairman of the Federal Reserve Board.

SAN JOSE, Calif.—Xoom, PayPal’s international money transfer service, has announced a partnership with TransNetwork, which allows its U.S. customers to send money to recipients in Mexico and pick up orders at any OXXO location in the country.

FAIRFAX, Va.–Two more credit unions have been hit with proposed class action lawsuits over overdraft fees. In both cases, the plaintiffs are alleging the credit unions processes share drafts out of order in order to maximize fees.

WASHINGTON–The Senate is in session this week and will consider several bills, at least one of which includes a continuing resolution to fund certain government agencies and functions through Dec. 7.