Fresh Today

Fresh Today

ONTARIO, Calif.­–The $28-million Hanin FCU has made a $10,000 donation to the California/Nevada Credit Union Leagues’ Shapiro Group as a way of saying thank you to the league for the assistance provided when the Los Angeles-based credit union was launched in 1995.

MASON CITY, Iowa—The $700,000 Northwestern States Cement Employee Credit Union and $38-million CENT CU have agreed to merge.

ALEXANDRIA, Va.–In response to a coalition of student groups that called on NCUA to investigate credit unions that allegedly made “predatory” loans to students at for-profit colleges affiliated with ITT Educational Services—loans that now have high default rates—the agency said it has no enforcement authority over some of the parties involved and that none of the CUs involved has funded such loans since Jan. 1, 2012.

WASHINGTON—The CFPB has filed a lawsuit in federal district court against the NDG Enterprise, a “complex web of commonly controlled companies,” for collecting money consumers did not owe.