NEW YORK—After threatening to sue New York City last month for allowing “illegal hails” at the popular ride-sharing service Uber, Melrose Credit Union has taken legal action, and has been joined in the suit by three other CUs that make taxi medallion loans.
WASHINGTON—Americans are feeling more positive about their finances and especially optimistic about their future prospects, even though half report not having enough money to cover a $400 expense.
CHARLOTTESVILLE, Va.—The three biggest banks in the U.S., JPMorgan Chase, Bank of America and Wells Fargo, made more than $1.1 billion in overdraft fees during the first three months of 2015, according to research by SNL Financial.
WASHINGTON—Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $39.8 billion in the first quarter of 2015, up $2.6 billion (6.9%) from a year earlier.
WASHINGTON—CUNA has sent a letter to the CFPB in response to the agency Request for Information (RFI) on the potential collection and sharing of consumer compliments about providers of consumer financial products and services.
ALEXANDRIA, Va.—NCUA said the video recording of the April 2015 open meeting of its board meeting is now available on the agency’s website.
MADISON, Wis. – Credit union organizations are being encouraged to apply for a Experiential Learning financial grant from the National Credit Union Foundation.
ORLANDO, Fla.–Police are searching for a man here who attempted to rob a closed credit union while holding a janitor at gunpoint.
COLUMBIA, Md.—Maryland Gov. Larry Hogan has signed into law legislation that will allow prize-linked savings accounts in the state.
NEWPORT BEACH, Calif.—NACUSO will host a webinar on “Planning and Implementing Large Credit Union Collaborations” on Tuesday, June 2, at 2 p.m. EDT.
