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NEW YORK––Bank of America amassed $1.2 billion in expenses for litigation and regulatory investigations during 2022, including fines and settlements, according to a company filing.

MADISON, Wis.– CUES has released The State of Credit Union Governance, 2023 in partnership with Quantum Governance, L3C. The report was co-authored by Operations Research at the University of North Carolina at Chapel Hill.

OCALA, Fla.–Ocala Community Credit Union has moved to eliminate its return item fee, becoming the latest credit union to make the move.

WASHINGTON– The Defense Credit Union Council (DCUC) held its 2023 Defense Matters meeting Sunday morning at the Marriott Marquis in Washington, ahead of CUNA’s GAC, and during the meeting DCUC’s Anthony Hernandez praised defense CUs for their contributions to the movement and its members.

WASHINGTON–Nine large auto lenders have been issued orders by the CFPB to provide information about their auto lending portfolios as part of a pilot program for collecting auto lending data.

RANCHO CUCAMONGA, Calif.—Co-op Solutions has formed a new debit POS network.

LONDON—Some 100% of U.K. financial compliance professionals are re-evaluating their approach to financial crime risk, according to a new report.

OMAHA, Neb.--Centris Federal Credit Union’s Jason Scheopner is one of 29 credit union innovators selected for inclusion in the latest cohort of the Filene Research Institute’s i3 Program.

AUSTIN, Texas–Austin Telco Federal Credit Union held a ribbon-cutting ceremony to reveal two new murals and marks the grand opening of the Austin Telco Terrace at Q2 Stadium.