NEW YORK—TD Bank has reached an agreement with New York Attorney General Eric T. Schneiderman requiring it to pay an $850,000 fine and reform its practices to help prevent breaches following a 2012 breach in which it lost two backup tapes that may have exposed personally identifiable information on about 260,000 of its customers.
Fresh Today
SPOKANE, Wash.—During its annual meeting here, the Northwest CU Association seated a new board.
SAN ANTONIO—A man has been arrested here on charges of credit card abuse that one local media report said could affect “hundreds” of members of Generations FCU.
SPRINGFIELD, Ore. — Northwest Community Credit Union has sold its headquarters building here for $5.75-million to Roseburg Forest Products.
VANCOUVER, B.C.—The Bus Co-op, Canada's first transportation co-operative focused on serving the elderly, has been launched here by three Langley seniors' agencies with the support of Vancity Credit Union.
DENVER, Co.–At its seventh-annual Star Gala here, which raised $28,000 for its foundation, the Mountain West Credit Union Foundation presented numerous awards.
HONOLULU, Hawaii—The $540-million Hawaiian Tel FCU has absorbed Island Tradition FCU via merger.
WASHINGTON—The private student loan industry is failing to help distressed borrowers avoid default, according to a new report from the Consumer Financial Protection Bureau.With student debt skyrocketing, write-offs surging and concerns about a student lending bubble on the horizon, the CFPB Student Loan Ombudsman released a report highlighting complaints by struggling private student loan borrowers who describe being driven into default.
PHOENIX—One person is dead and another suspect has been arrested in a robbery here yesterday at a branch of Desert Schools FCU. According to Phoenix police, two armed men entered the branch and attempted a robbery, when another person attempted to intervene, shooting one of the alleged robbers.
PHOENIX—One person is dead and another suspect has been arrested in a robbery here yesterday at a branch of Desert Schools FCU. According to Phoenix police, two armed men entered the branch and attempted a robbery, when another person attempted to intervene, shooting one of the alleged robbers. That robber was taken to the hospital, where he died. Police were uncertain whether the gun used was taken from one of the robbers or was in the possession of the person who intervened, according to AZCentral.com. The second alleged robber fled in a stolen car but wrecked the vehicle several blocks from the credit union and was arrested
CHICAGO—America’s first credit union, St. Mary’s Bank, is taking CUToday.info readers on a tour of its offices as well as the office in which the very first CU business took place in a video now available on CUToday.info.