WASHINGTON–Democratic presidential candidate Bernie Sanders (D-VT) has said that if elected he would put in place a 15% APR cap on all loans.
Fresh Today
LOS ANGELES–Firefighters First Credit Union is paying a $1.6-million extraordinary dividend and interest refund bonus to members.
MONTGOMERY, Ala.—Guardian Credit Union last week handed members $750,000 in a “Cash Back” year-end bonus.
TALLAHASSEE, Fla.–United Solutions Company has unveiled a brand-new, fully featured website, www.unitedsolutions.coop. The site features content to attract and engage users while enhancing user experience, the company said.
CHATSWORTH, Calif.–Matadors Community Credit Union has named a new CEO to succeed its current president, Dale Verderano, when he retires on June 30.
CHICAGO–Hyatt Hotels has provided additional details in the data breach that company said it discovered in November of 2015, and now says that malware infected 250 of its properties across 50 countries.
WASHINGTON–The American Bankers Association has sent a letter to NCUA stating that Sussex County FCU in Seaford, Del. must stop “abusive field of membership practices” that allow individuals who are otherwise ineligible for membership to join through the credit union’s foundation.
ARLINGTON, Va.—Goldman Sachs Group will pay some $5.06 billion in fines and redress to resolve actual and potential civil claims by NCUA, the Justice Department, the New York and Illinois Attorneys General, and the Chicago and Seattle Federal Home Loan Banks over faulty residential mortgage-backed securities.
ALEXANDRIA, Va.–NCUA has sent a letter to credit unions in advance of the upcoming initial registration period for its new CUSO Registry.
ONTARIO, Calif.--CU Direct announced it is paying a 3% cash dividend to its 108 credit union shareholders.