WASHINGTON—The Consumer Financial Protection Bureau has filed a lawsuit in federal district court against Nationwide Biweekly Administration, Inc., Loan Payment Administration LLC, and the companies’ owner, Daniel Lipsky, alleging that Nationwide misrepresents the interest savings consumers will achieve through a biweekly mortgage payment program and misleads consumers about the cost of the program.
Fresh Today
OXFORD, Miss.—A special election is being held here to fill a vacant seat for Mississippi’s 1st congressional district.
YONKERS, N.Y.—A new study estimates that more than 70-million American adults had their personal information compromised in 2014.
TOPEKA, Kans.—The Republican-controlled Kansas Senate has overridden a veto by GOP Gov. Sam Brownback of a bill that imposes new rules on so-called “ride-sharing” services such as Uber.
TRENTON, N.J.–New Jersey is the latest state to get closer to allowing prize-linked savings accounts.
ATLANTA—Georgia credit union members reaped direct financial benefits of $129.9 million in 2014, according to the semi-annual Member Benefits Index released by Georgia Credit Union Affiliates.
IRVINE, Calif.—Looking to bolster creativity within your credit union staff?
ALBANY, N.Y.– The New York Credit Union Association has released its MORE Report, an annual compilation of credit union outreach stories that celebrates the positive difference New York credit unions make for their members and communities.
ALEXANDRIA, Va.—NCUA has been ranked as a “Best of the Best” place to work for minorities, women, veterans and Hispanics by DiversityComm, Inc., a human resources research and consulting firm specializing in workplace diversity and the parent company of a number of magazines.
NEW YORK—The loyalty reward landscape just changed again, with American Express becoming the first to offer interchangeable loyalty points across multiple brands.
