PLAINS, Ga.—Jimmy Carter, the 39th president of the United States and Nobel Peace Prize winner, passed away at his home here Sunday.
Fresh Today
COLUMBUS, Ohio—Banking trade groups have filed litigation against the Federal Reserve, challenging aspects of the stress testing framework the Fed uses to establish certain bank capital requirements, the ABA Banking Journal reported.
MEMPHIS, Tenn.—A man has been arrested for allegedly robbing the same credit union branch twice.
ANTIGO, Wis.—The $3.7-billion CoVantage Credit Union this year returned a record $6.5 million in a patronage dividend to its members, the CU reported.
LIVE OAK, Texas—The $17.5-billion Randolph-Brooks FCU may have suffered a data breach impacting more than 4,600 members, the San Antonio Express-News reported.
CHICAGO—A group of 10 car dealerships doing business as Leader Automotive Group and their parent company, AutoCanada, will be required to pay $20 million to settle allegations they systematically defrauded consumers looking to buy vehicles as a result of a lawsuit by the Federal Trade Commission and the state of Illinois, the FTC announced.
WASHINGTON—The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed the total number of loans now in forbearance increased to 0.50% as of Nov. 30.
VANCOUVER, Wash.—A former employee of $2.4-billion Columbia Credit Union who worked as a loan originator is suing the CU, alleging he was fired after he contacted a state regulator for clarification about lending rules, The Columbian reported.
MARSHFIELD, Wis.− Local police are investigating a recent “jackpotting” theft from an ATM located at Simplicity Credit Union here, the Marshfield News-Herald reported.
WASHINGTON—The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued an alert to raise awareness of fraud schemes abusing FinCEN’s name, insignia, and authorities for financial gain, the agency said.