BAY CITY, Mich.–The Justice Department said it has reached a settlement with and levied a fine against COPOCO Community Credit Union here to resolve allegations that it illegally repossessed four servicemembers’ vehicles.
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MECHANICSBURG, Penn.–Members 1st FCU here said it has named George Nahodil as acting president and CEO following the death of Bob Marquette.
WASHINGTON—The Department of Labor will have a 15-day comment period regarding extending the Jan. 1 applicability date of certain aspects of its fiduciary rule and a 30-day comment period on other, related issues, according to a request for information scheduled to publish in the Federal Register Thursday.
ALEXANDRIA, Va. – NCUA Chairman J. Mark McWatters has written to Consumer Financial Protection Bureau Director Richard Cordray to request the CFPB provide a conditional exemption for credit unions with assets of more than $10 billion from its examination and enforcement authority.
ST. PETERSBURG, Fla.– PSCU and American Student Assistance (ASA) reported they are launching a new partnership to provide financial education to students and families to “help reduce the stress and confusion that goes along with one of the most impactful financial decisions of their lives.”
WASHINGTON—Comments are due to NCUA Sept. 1 on the agency's proposed revisions to requirements for corporate credit union retained earnings and Tier 1 capital.
TAMPA — USF Federal Credit Union said it is expanding into Sarasota and Manatee counties in Florida through a merger.
ARLINGTON, Va.–NAFCU has announced new additions as speakers at its Congressional Caucus in September.
LOS ANGELES–The Great Recession may have officially taken place from 2007-2009, but it’s not over for many Americans who remain unprepared for any future economic downturn.
CHICAGO—The Illinois Department of Financial and Professional Regulation (IDFPR) has issued final guidance on the regulatory treatment of digital currencies with an emphasis on decentralized digital currencies.