BIRMINGHAM, Ala.–Nearly a quarter-million Alabamans took out more than two-million payday loans during 2015, according to the Banking Department and a task force that included representatives of the Alabama CU Association.
Fresh Today
WASHINGTON–While most Americans plan to rely at least in part on personal savings to fund retirement, many households face “substantial challengers in building their retirement nest eggs,” according to new research released by Pew Research.
SAN ANTONIO–Marking its 30th year of partnership, Firstmark Credit Union is reporting it has surpassed the $1-million threshold in giving to Credit Unions for Kids (CUFK).
TUKWILA, Wash.—Parker Cann, SVP and general counsel with $15-billion BECU here and well known to many in credit unions, announced he will retire at year-end.
WASHINGTON–NAFCU and CUNA said they have jointly retained the law firm Williams & Connolly to respond to the lawsuit filed against NCUA over its proposed changes to its member business lending regulations.
WASHINGTON—When Wells Fargo CEO John Stumpf testifies today before the House Financial Services Committee, he will again apologize for the actions of employees that led to the sham accounts and harm to account holders—but will again deny that the bank’s management was involved.
WASHINGTON—Congress Wednesday passed a short-term spending bill to keep the federal government running through Dec. 9, avoiding a shutdown at midnight EDT Friday.
LOS ANGELES–A second lawsuit has been filed against Wells Fargo by some of the more than 5,000 Wells Fargo employees who were fired by the bank as the result of the more than two-million sham customer accounts that were created.
WASHINGTON–Americans are feeling better about the economy.
WEBSTER, N.Y.–New details have been released related to what led authorities to arrest a suspect in a 13-year-old case involving a murder at a credit union.