NEW YORK--A federal judge in New York has allowed key discrimination claims to proceed against TD Bank in a proposed class action brought by former Chinese and Chinese American employees who allege the bank targeted them as it responded to federal anti-money laundering investigations.
THE news
JACKSON, Miss. — Federal criminal charges are expected to be filed against former Jackson Area FCU President and CEO Leigh Bridges as the NCUA’s civil case seeking recovery of approximately $95 million in allegedly misappropriated funds continues to move forward, according to new federal court filings.
CHICAGO— New federal student loan rules that took effect July 1 are expected to reshape how millions of Americans finance higher education, potentially driving more borrowers toward private lenders while increasing the need for stronger underwriting, according to TransUnion.
WASHINGTON—Federal banking regulators have unveiled new procedures for handling highly sensitive information during bank examinations, allowing institutions to designate certain data and documents for enhanced security protections in an effort to reduce cybersecurity risks while preserving supervisory access.
WASHINGTON--A U.S. Court officially dismissed the lawsuit challenging the CFPB’s overdraft rule Friday, a needed legal step after the rule was nullified by passage and signing of the Congressional Review Act into law, America's Credit Unions noted.
ST. PETERSBURG, Fla.-- Velera has been recognized as one of America’s Greatest Workplaces for Gen Z 2025 by Newsweek and Plant-A Insights Group, the CUSO announced.
DENVER—Noting the list is long, a panel of credit union executives addressed the major issues facing credit unions, pointing out accelerating consolidation and the “relentless” pursuit of scale are at the top.
ALEXANDRIA, Va.—NCUA's April 17 board meeting agenda includes a briefing on the agency’s “voluntary separation programs”—an indication the agency is moving forward with downsizing plans?
QUANTICO, Va.—During a visit to Quantico Marine Corps Base today, Vice President J.D. Vance recounted a personal story about how the Marines helped him avoid "one of the worst financial decisions" and guided him toward Navy Federal Credit Union for assistance.
WASHINGTON— A federal court has removed its nationwide injunction on collecting beneficial ownership information, referencing a U.S. Supreme Court ruling in a separate case regarding the constitutionality of the Corporate Transparency Act, the ABA Banking Journal reported.