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LAKE FOREST, Ill.—With all the change happening within the overdraft market, what are most financial institutions doing when it comes to this member service that has come under fire from Washington, consumer groups and the media?

MISSOULA, Mont. — A former Missoula credit union employee accused of embezzling approximately $390,000 from the vault and swapping the real money with fake funds has admitted to a theft charge, the Department of Justice reported.

DENVER—The Department of Justice has sued Rocket Mortgage and two appraisal companies in Colorado federal court for allegedly undervaluing a woman's home here because she was Black, contending the mortgage company then canceled her refi application when she reported the alleged discrimination, Law360 reported.

ST. LOUIS—A man who allegedly robbed a credit union, telling a teller he had a gun in his pocket, has been arrested.

WASHINGTON—Two webinars on issues important to credit unions are scheduled for Nov. 7: one on the new Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook, the other on small and Minority Depository Institution (MDI) credit unions, America’s Credit Unions reminded.

WASHINGTON—The CFPB’s new open banking rule brings with it new regulatory requirements, yet it also presents an opportunity to modernize data management systems, strengthen consumer relationships and stay competitive, analysts are saying.