WASHINGTON—The CFPB has published its action in the Federal Register to remove from the federal code the Bureau's final rule that would have banned mandatory arbitration clauses in financial.
Fresh Today
DAVENPORT, Iowa—A father and son who opted to bond over robbing credit unions have pleaded guilty to charges here, while in a separate case, a former CU manager has pleaded guilty to five charges.
NEW YORK CITY–Municipal Credit Union has pledged $50,000 to support and help rebuild the nine credit unions/cooperativas based in Puerto Rico and the U.S. Virgin Islands that were damaged by Hurricane Maria.
BISMARK, N.D.–The Credit Union Association of the Dakotas said it will launch a CUAD Health Benefits Trust in January of 2018.
GEORGETOWN, S.C.–David Graham, CEO of the $108-million Georgetown Kraft Credit Union, has announced retirement plans. Graham, who has led the credit union for 10 years, said he will retire at year end.
COSTA MESA, Calif.—A new study shows that smaller community banks and credit unions are losing ground to larger institutions and that large credit unions are outperforming community banks.
CROMER, U.K.–Hopefully, it’s not an omen.
WEST JORDAN, Utah—Mountain America Credit Union and the Utah Jazz have announced the first winner of their joint “Pass It Along” promotion. MACU and the Jazz said that Camp Kesem is the first recipient of the promotion, which over the course of the season will reward each of five local charitable organizations with $5,000.
MISSOULA, Mont.–Students at the University of Montana are falling for an old scam, and it’s being felt by one credit union here.
SEOUL, South Korea—In the race for global digital wallet supremacy, Samsung Pay just got a big boost in Canada.