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MANCHESTER, N.H.– For the fourth consecutive year in a row, St. Mary’s Bank has been named Best Credit Union by the readers of the New Hampshire Union Leader.

MUSKEGO, Wis.–Kevin Chiappetta has rejoined Corporate Central as the Senior Vice President Investment Services.

BELLEVUE, Wash.–Outdoor apparel retailer Eddie Bauer has become the latest to warn that it has suffered a computer breach.

WASHINGTON – The Consumer Financial Protection Bureau has taken action against Wells Fargo Bank for illegal private student loan servicing practices that the agency said increased costs and unfairly penalized certain student loan borrowers.

SANTA ROSA, Calif. – Redwood Credit Union (RCU) has promoted Nick Clay to branch manager of their 2763 Fourth St. location in Santa Rosa, and Jennifer Ross to branch manager of their Cleveland Ave. branch and welcome center in Santa Rosa.

MADISON, Wis. – Since activating the online disaster relief system one week ago, the National Credit Union Foundation is reporting its CUAid program has collected more than $53,000 for victims of flooding in Louisiana.

ARLINGTON, Va.–NAFCU is expressing concerns to the CFPB over its proposal related to arbitration clauses in financial products and services.

WASHINGTON–CFPB Director Richard Cordray said the Bureau is already using its authority to tailor regulation to smaller institutions, and credit unions do not need a blanket exemption.

GRAND RAPIDS, Mich.—Xtend is working with credit unions to offer members a 0% loan designed to keep borrowers away from payday lenders.

LAKE FOREST, Ill.—Just as overdraft revenue has hit record levels at banks, thrifts and credit unions—so too has OD volume, a new study has found. That same study also reveals that more community banks and large CUs are cutting overdraft price to increase income.