NEW YORK—A new analysis of consumers’ credit data reveals growing concerns around delinquencies.
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WASHINGTON—Discussions about regulatory restructuring have suddenly “broken into the open” this week in Washington, with mentions of folding the FDIC into Treasury. And one analyst contends these talks will eventually address sweeping NCUA into whatever new regulatory structure is created.
CHICAGO—While a federal judge Thursday expanded a preliminary injunction against enforcement of an Illinois state law restricting interchange fees to include out-of-state banks, the court denied credit unions’ request to be included in that injunction.
SEATTLE — A piece of heavy equipment was recently used to rip two ATMs out of a BECU branch here, KOMO News reported.
WEST LAFAYETTE, Ind.—Another ATM has been ripped from its base and stolen, this time at an office of Purdue Federal Credit Union.
PORTLAND, Ore.—The $17-billion First Tech FCU has reached a multi-year deal with Major League Soccer’s Portland Timbers to become the exclusive credit union for the team.
LOS ANGELES—The wildfires raging across Los Angeles County, driven by 100-mile-per-hour winds, have one credit union on edge and worried about its staff and members.
LIVE OAK, Texas—The $17.5-billion Randolph-Brooks FCU may have suffered a data breach impacting more than 4,600 members, the San Antonio Express-News reported.
WASHINGTON—The Consumer Financial Protection Bureau has sued Walmart and Branch Messenger for forcing delivery drivers to use costly deposit accounts to get paid and for deceiving workers— “last mile” drivers in Walmart’s Spark Driver program—about how they could access their earnings, the CFPB announced.
LITTLETON, Mass.—The $1.8-billion Hanscom Federal Credit Union here has agreed to buy $300-million Peoples Bank, based in Chestertown, Md., the credit union reported.