CHARLOTTESVILLE, Va.—The five largest banks now account for nearly half of the industry's $15.3 trillion in assets, according to new data released by SNL Financial for the end of the third quarter.
Fresh Today
IRVINE, Calif.—During October 2014, there were 41,000 completed foreclosures nationally, down from 55,000 in October 2013, a year-over-year decrease of 26.4% and down 65% from the peak of completed foreclosures in September 2010, according to CoreLogic’s October National Foreclosure Report, which provides data on completed U.S. foreclosures and the foreclosure inventory.
BURLINGTON, Vt.—NorthCountry FCU is offering a successful income-advance program that not only keeps members away from predatory payday lenders, it builds strong ties with employer groups.
BATON ROUGE, La.—The Republicans have added another seat in the Senate.
LARGO, Fla.—As part of a plea agreement, Linda Reynolds-Sienkiewicz, the former president and CEO of Pinellas FCU, has admitted to accepting a bribe from a company that provides identity theft protection services.
COSTA MESA, Calif.—The average debt per consumer has risen to $28,496, up 2.3% from 2013, while the average number of plastic bank cards carried per person is 2.18%, up 4.2% per person.
WASHINGTON—The Consumer Financial Protection Bureau (CFPB) announced that it has asked a federal district court to enter a consent order requiring Premier Consulting Group LLC to pay a fine of $69,075 for charging consumers illegal upfront fees for debt-settlement services they never received, and take other steps to prevent future legal violations.
MELBOURNE, Fla.—Space Coast Credit Union has been approved for a zoning change that will allow it to add four structures to its Baytree-area headquarters, as part of a long-term plan to add up to 600 jobs there.
The Illinois Credit Union League (ICUL) has announced a realignment of resources within the Illinois Credit Union System.
FAYETTEVILLE, N.C.—Two people were robbed at gunpoint early Friday morning as they attempted to withdraw money from an ATM outside the office of State Employees’ Credit Union here. Investigators said the individuals went to the SECU office on Ramsey Street around 1:30 a.m. to make a withdrawal when they were confronted by two men with pistols.