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WASHINGTON–There’s a reason there are more payday loan stores in the country than McDonald’s outlets, according to the CFPB: there is a lot more money to be made.

LOS ANGELES–The U.S. District Court for the Central District of California has denied a motion for preliminary approval of a class action settlement in a lawsuit against Navy Federal Credit Union over an alleged breach of the Telephone Consumer Protection Act.

ONTARIO, Calif. – Noting that growing indirect relationships is essential to credit unions’ success, and with the goal to increase product penetration, CU Direct said the new CUDL Engage offers a simple solution to grow indirect relationships.

ARLINGTON, Va.—NAFCU has reiterated its concerns that the Department of Labor’s Overtime Rule will add to credit unions’ regulatory burden and limit their ability to serve their communities.

KANSAS CITY, Mo.—Credit unions appear to have been spared from proposed new rules from the CFPB on payday loans, auto title loans and other installment lending that will be officially unveiled during a field hearing here today.

BEAVERCREEK, Ohio–Wright-Patt Credit Union here has found itself caught up in some of the negative reaction to and publicity around the Stanford University student who was convicted of rape and then given a light sentence.

WASHINGTON–Mortgage applications jumped 9.3% last week over the previous week, according to the Mortgage Bankers Association.

NEW YORK—Which Americans have the highest levels of credit card debt?

REXBURG, Idaho—A CEO of a credit union in Idaho have been offering assistance to credit unions in Moldova, the poorest country in Eastern Europe.