WASHINGTON, D.C. — The Consumer Financial Protection Bureau has filed a proposed order to resolve its case against Townstone Financial for discriminatory lending practices and redlining African American neighborhoods in Chicago, the CFPB said.
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SOUTH BURLINGTON, Vt. —Police are currently investigating a series of bank and credit union robberies that have transpired since Saturday, Oct. 26.
WASHINGTON—The U.S. added 12,000 jobs in October, the government reported Friday.
JACKSONVILLE, Fla.—The CFPB has hit VyStar Credit Union with a $1.5-million civil money penalty for the problems created by its new online and mobile banking platforms.
WASHINGTON—The Defense Credit Union Council (DCUC) has sent a letter to the U.S. House and Senate ahead of the upcoming lame-duck session, emphasizing critical legislative priorities for the nation’s nearly 200 defense credit unions and the 40 million members they serve, particularly active-duty military, veterans, and their families.
ALEXANDRIA, Va.–NCUA issued three consent orders and one prohibition notice in October, the agency reported.
BAY CITY, Mich.—After 42 years of service, Doreen Smith, CEO of COPOCO Community Credit Union here, has retired.
INDEPENDENCE, Mo.—For more than 18 months an office of United Consumers Credit Union has been victimized by a series of copper thefts, which have ruined several large air conditioning units and left the CU without AC—and a bill that now tops $80,000, FOX4KC.com reported.
WASHINGTON—Credit unions and America’s Credit Unions joined other lenders in sharing efforts to help consumers and businesses affected by recent hurricanes at a U.S. Treasury roundtable held this week.
WASHINGTON—The Federal Trade Commission is sending more than $2.5 million to consumers who were misled by deceptive claims from credit services company Credit Karma, the FTC reported.