Fresh Today

Fresh Today

RALEIGH, N.C. – North Carolina State Employees’ Credit Union reported it has completed its internal 2014 financial stress testing using Federal Reserve-based protocols and economic scenarios, with positive results in all scenarios.

WASHINGTON—The Consumer Financial Protection Bureau has taken action against two student “debt relief” scams that it said illegally tricked borrowers into paying upfront fees for federal loan benefits.

AUSTIN, Texas—Recommendations made by the Texas Sunset Commission could have some serious implications for the Texas Credit Union Department, should those recommendations ever be implemented.

WILKES-BARRE — The federal investigation into thousands of gallons of fuel missing from this city’s pumps has expanded to include Wilkes-Barre City Employees FCU—already the focus of a separate fraud investigation—according to a city councilman here.

CHICAGO—Underserved consumers paid $103 billion in fees and interest during 2013 on $1.3 trillion in total financial activity, according to a new analysis from the Center for Financial Services Innovation (CFSI).

KINGSPORT, Tenn.—Eastman Credit Union here is the latest to announce a special year-end member dividend, saying it will be returning $8 million to members. Since 1998 when it announced its first Extraordinary Dividend, it has paid out more than $8 million.