Labor Union Alleges CUNA Mutual Engaged in ‘Retaliation’ Against Union Official; Company Says Allegations are False 03/16/2023 07:25 pm MADISON, Wis.–A labor union that represents some employees at CUNA Mutual Group is alleging “retaliation” against a union steward at the company.
CFPB Warns Servicers of Obligation to Halt ‘Unlawful’ Conduct Around Student Loans Discharged in Bankruptcy 03/16/2023 07:24 pm WASHINGTON—The Consumer Financial Protection Bureau has released a bulletin warning servicers of their obligation to halt “unlawful” conduct with respect to private student loans that have been discharged by bankruptcy courts.
You’ll Never Guess Which Bank Had a Former Exec Hit With a $17M Civil Money Penalty 03/16/2023 07:24 pm WASHINGTON–A $17 million civil money penalty (CMP) has been assessed Wednesday against the former head of Well Fargo Bank’s community bank for her alleged role in systemic sales practices misconduct—better known as the fake accounts scandal, the regulator of national banks said.
VolCorp Becomes a Corporate Sponsor of Credit Unions for Kids Golf Tournament 03/16/2023 07:24 pm NASHVILLE – VolCorp has become a corporate sponsor of the Credit Unions for Kids Golf Tournament.
Trellance Announces Breakout Sessions, Keynote Speakers for Annual Conference 03/16/2023 07:23 pm TAMPA, Fla. – Trellance, a provider of analytics, cloud and talent solutions, has announced the titles for the 12 breakout sessions that will be included at its annual conference, set for May 16-19 in Ft. Lauderdale, FL.
Jump in CU Lending Evident in New Q4 Report from NAFCU 03/16/2023 07:23 pm ARLINGTON, Va.—Credit union loan growth climbed to 20% year-over-year in the fourth quarter of 2022, according to NAFCU’s latest Industry Trends Report.
Mortgage Rates are One Thing, But Costs After Buying a Home are Another, Say Homeowners 03/19/2023 01:47 pm ST. LOUIS–While the costs of home ownership due to high interest rates is getting significant attention, a new report reminds that while it may be less visible, current homeowners are also feeling the pain of expensive housing costs.
Trade Groups, Regulators Work to Reassure Americans on Safety & Soundness of CUs. 03/19/2023 01:49 pm WASHINGTON–Trade groups, individual credit unions and regulators across the country have responded to the two bank failures last week with resources and messaging aimed at reassuring consumers and members about the health of credit unions.