DETROIT–The former credit union CFO who embezzled more than $18 million over a 12-year period and who was known locally as a charitable civic leader, has been sentenced to 11 years in federal prison.
Fresh Today
WASHINGTON—At the end of 2016 some 1,118 credit unions reported a loss, a new report indicates.
WASHINGTON—House Financial Services Chairman Jeb Hensarling (R-TX) said he is confident Congress will take action this year to reform Dodd-Frank.
WASHINGTON–The Consumer Financial Protection Bureau has assessed a $3-million civil penalty against Experian and its subsidiaries for deceiving consumers about the use of credit scores it sold to consumers.
WASHINGTON–OAS Staff Federal Credit Union here is converting to EPL’s open-core system, i-POWER.
WASHINGTON—NAFCU is asking the Defense Department for an immediate extension of the credit card account compliance deadline under the Military Lending Act rule.
TRENTON, N.J. – Gov. Chris Christie has signed legislation that regulates the use of remote ignition disabling or “Kill-Switch” devices used by auto lenders and dealers to enforce payments.
WASHINGTON–The average down payments by first-time homebuyers continues to decline.
PORTLAND, Ore.—A provisional patent has been granted for a technology that supports a new cryptocurrency.
GRAND RAPIDS, Mich.–CU*Answers is reporting the Mobile RDC partnership it formed with eDOC Innovations has resulted in 11 new clients during February 2017.