WASHINGTON—The CFPB, the FDIC, and the OCC have taken action against Citizens Bank for failing to credit consumers the full amounts of their deposited funds.
Fresh Today
MADISON Wis.– With back-to-school time across the country, the National Credit Union Foundation is hosting a Twitter chat on Thursday, Aug. 27 at 3 p.m. (CT) to discuss how credit unions positively impact K-12 schools in their area.
ST. PETERSBURG, Fla.–PSCU has entered into a partnership with Member Driven Technologies (MDT) to provide call center support to MDT’s roster of credit union clients.
SANTA ROSA, Calif.–Redwood Credit Union has partnered with the Press Democrat on a relief effort for victims of the major fires here in Lake County.
WAKEFIELD, Mass.–Odyssey Merchant Services (OMS) has announced a special program for credit unions that upgrade their branch cash advance POS devices for EMV.
PHILADELPHIA–Tim Anderson, president/CEO of GPO FCU in Washington, D.C., has been elected as the new chairman of the African-American Credit Union Coalition.
PORTLAND, Ore.–Three members of Congress, including both of this state’s senators, held a press conference at Rivermark Community Credit Union here to call for passage of laws that would ensure legal marijuana businesses can access banking services.
ELGIN, Ill.—Lending Solutions, Inc. (LSI) processed a record number of loan applications in July, eclipsing its previous high by more than 2.5%.
ONTARIO, Calif.–CU Direct, the provider of lending, automotive and strategic solutions to the credit union industry, has entered into a new agreement with Credit Union Leasing of America.
ATLANTA—The total amount of outstanding balances on automotive loans and leases has crossed the $1 trillion mark, according to a new report. The same report finds subprime lending also up some 10%.