WASHINGTON — The Bureau of Consumer Financial Protection has announced a settlement with Citibank regarding Truth in Lending Act (TILA) violations—which includes $355 million to be paid to consumers affected by the bank’s practices.
Fresh Today
GRAND RAPIDS, Mich.–CU*Answers held its 2018 Annual Leadership Conference and Stockholders Meeting at which it offered a briefing on the organization’s overall direction and major projects for the coming year.
WILLINGBORO, N.J.–ABCO Credit Union has named a new president and CEO. The credit union has selected Jill Peterson to serve to lead the organization.
PLAINS, Penn.–Two Pennsylvania credit unions have merged. Members of the $4.5-million Metro Wire FCU have voted in favor of merging into the $42-million CityMark FCU in Wilkes-Barre, Penn.
WASHINGTON—The Bureau of Consumer Financial Protection reaffirmed its good-faith compliance efforts policy regarding the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155).
ARLINGTON, Va.—NAFCU has filed its 14th amicus brief in support of credit unions targeted by Americans with Disabilities Act (ADA) website accessibility litigation.
WASHINGTON—Credit unions will have two final opportunities to comment on Bureau of Consumer Financial Protection Requests for Information (RFI) this month.
ALBANY, N.Y.– CAP COM Federal Credit Union has introduced a new Community Heroes Mortgage Program it said is a way to say “thank you” to people who dedicate their lives to others’ well-being. Program participants receive cash and discount benefits when obtaining a mortgage through CAP COM’s mortgage division, Homeowners Advantage. Benefits are valued at more than $1,000, according to the credit union.
LONDON–A British appeals court has ruled in favor of retailers here in a decision against Visa and Mastercard, could now face billions of pounds in damages, according to analysts.
SANTA BARBARA, Calif.–A half-dozen more job listings have been added to the Gig, the free recruiting board offered by CUToday.info.