CHARLOTTE, N.C.–Despite a rocky 2016, including revelations that it created as many as two-million accounts without customers’ consent, top executives at Wells Fargo still took home some huge pay packages—and that’s after some execs forfeited pay.
Fresh Today
PURCHASE, N.Y.—For the second year in a row, Mastercard has been recognized as a World’s Most Ethical Company by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.
TALLAHASSEE, Fla.—The League of Southeastern Credit Unions & Affiliates (LSCU) honored Reps. Bradley Byrne (R-AL) and Dennis Ross (R-FL) as their 2016 Federal Lawmakers of the Year.
HARRISBURG, Penn.–The Pennsylvania Credit Union Association has named the winners of its William Pratt Professional of the Year Lifetime Achievement Award and the Joseph A. Moore Volunteer of the Year Lifetime Achievement Award.
RICHMOND, Va.—To celebrate its 50th anniversary, Henrico FCU is swapping some $20 bills for $50 bills on March 23.
MADISON, Wis., and WASHINGTON–CUNA has officially launched the CUNA Small Credit Union Community, an online platform the trade group says will allow small credit union professionals from across the country to network, share ideas, and solve problems collectively.
WASHINGTON–The Justice Department has filed an amicus brief in a lawsuit against the Consumer Financial Protection Bureau that argues the CFPB’s structure is unconstitutional.
WASHINGTON—Credit union groups are speaking up against the planned elimination of the Community Development Financial Institutions (CDFI) Fund as part of the Trump administration’s preliminary budget.
NEW YORK–Goldman Sachs has become the largest buyer of severely delinquent home loans from Fannie Mae over the past 18 months, and has acquired nearly two-thirds of $9.6 billion in loans the agency has auctioned. The reason could be related to the settlement with the federal government.
CARLISLE, Penn.—Cornerstone FCU and Belco Community CU are confident their merger plans will be approved by NCUA.