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WASHINGTON—The CFPB and the Department of Justice have announced a joint action against BancorpSouth Bank for alleged discriminatory mortgage lending practices that harmed African Americans and other minorities.

WASHINGTON—NAFCU and CUNA have each sent letters to the Federal Financial Institutions Examination Council regarding a proposed revision to its rating system that would require CFPB to provide a separate composite rating for all credit unions with assets of more than $10 billion.

BLOOMINGTON, Ind.—The $874-million IU Credit Union here has selected the Omnix Lobby Tracker solution from Atlanta-based FMSI.

EAU CLAIRE, Wis.—The $1.8-billion Royal Credit Union is acquiring the Apple Valley, Minn., office of Deerwood Bank as well as its customers.

WASHINGTON—The House has passed a bill aimed at improving safeguards for seniors. NAFCU and CUNA, which have supported the legislation, had written House leaders ahead of the vote urging their support for the measure.

LAKE FOREST, Ill.—There’s a good chance the Brexit will have credit unions paying close attention to their fee income.

TAMPA, Fla.—Kevin Johnson has been named president and CEO of Suncoast Credit Union, succeeding Tom Dorety, who announced in May that he will retire at the end of 2016 after leading the CU for 20 years.

LIVONIA, Mich.–CU Solutions Group and CUNA have announced the launch of their second annual Love My Credit Union Campaign.

ATHENS, Ga.- The Southeast Regional Credit Union Schools (SRCUS) organization is pleased to announce that Chris Boler has been awarded the 2016 Hugh Watson award at this year’s session of the Southeast CUNA Management School.

WASHINGTON—Credit unions continue to offer the lowest-fee checking products that carry the best rates among branch-based institutions, a new report indicates.