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NEW YORK–A consent order has been issued to the $1.9-billion Melrose Credit Union by the New York State Department of Financial Services following a joint safety and soundness exam conducted by the Department and NCUA.

John Oliver Talks Subprime Auto Lending

John Oliver of Last Week Tonight tackles subprime auto lending.

ROGERS CITY, Mich.–Calcite Credit Union reported that after working with the Business Continuity and Imaging Solutions teams at CU*Answers, the credit union’s core data processor and CUSO partner, to both review and test its imaging solutions business continuity plan, it wasn’t long before its preparations were put to the test.

AUSTIN, Texas–An alliance of financial institutions that was formed to consolidate the buying power of its member FIs and to fight the “vendor oligarchy” said it has been contacted by more than 165 institutions in its first 30 days of existence.