WASHINGTON — The Consumer Financial Protection Bureau (CFPB) has filed suit against Heights Finance Holding Co.—formerly known as Southern Management Corp., which the Bureau described as a high-cost installment lender—for what it alleged are illegal loan-churning practices that harvested hundreds of millions in loan costs and fees.
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JACKSON, Mich.–American 1 Credit Union said it has paid $500,000 to obtain the naming rights for what was formerly known as the Jackson County Fair Event Center.
NAPERVILLE, Ill.–The Illinois Credit Union League (ICUL) has announced the 2023 recipients of the Hall of Fame Leadership and Lifetime Award, Small Asset Size Credit Union Award, and Spirit of Service awards.
PRYOR, Okla.–WeStreet Credit Union is set to open two former bank branches as branches of its own in this market. The branches were formerly part of Oklahoma Fidelity Bank prior to being acquired by WeStreet CU.
CHICAGO–To honor the 60th anniversary of Dr. Martin Luther King Jr.'s iconic "I Have a Dream Speech," Great Lakes Credit Union said it is partnering with the Leaders Network on an event to be held at the future site of the credit union.
NEW YORK–Inclusiv and CUNA will host a webinar today titled, “Joint Briefing and Feedback Session: NCUA’s MDI Preservation Program.”
MADISON, Wis.—CUES has announced a new online session aimed at helping the industry’s “up-and-coming female professionals stand out in today’s competitive business landscape.”
RANCHO CUCAMONGA, Calif.—In recognition of Women's Equality Day today, Co-op Solutions is holding a panel discussion today featuring leaders from two employee resource groups (ERGs) that have been “driving positive change for women” in their respective organizations.
WASHINGTON–The Internal Revenue Service has issued a ruling that credit unions can receive a 2021 COVID Credit, but not 2020.
ALEXANDRIA, Va.–Following five charter applications, an unnamed petitioner for a new federal credit union charter has been denied, according to NCUA.