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WASHINGTON–The CFPB said it has entered into a proposed multi-billion-dollar settlement with a ring of corporate entities operating what it called some of the largest credit repair brands in the country, including Lexington Law and CreditRepair.com.

NEW YORK—The total value of fines assessed banks and financial services firms across the globe for financial crime violations declined in the first half of this year, but experts are saying it isn’t because regulators are going easy on wrongdoers, according to a new report.

SACRAMENTO, Calif.—Representatives of Nevada’s credit unions met with two elected officials, with one representative offering to set up a meeting between credit unions and one of the nation’s leading universities on the issue of artificial intelligence.

SYRACUSE, N.Y.–Visions Federal Credit Union partnered with Syracuse University’s Office of Veterans and Military Affairs (OVMA) to launch the Visions Student Veteran Success Program at Veteran and Military Connected Student Orientation.

NEW YORK—A new report indicates almost three-quarters of Americans expect the costs of sending kids back to school this year to be a “challenge.”

SWEETWATER, Fla.–NCUA has approved Dade County FCU to expand its field of membership into Broward County, Fla., adding nearly two-million potential members. Broward County, anchored by Ft. Lauderdale, is just north of Dade County, which is home to Miami.

WASHINGTON–With voting now officially underway on the proposed merger between CUNA and NAFCU, the respective chairs of the two trade groups have shared with CUToday.info what they have been hearing, where there are tough issues that have yet to be decided, and why they believe the combination is in credit unions’ best interests. 

NEW YORK—A fintech that promoting crypto returns of nearly 3,000% has been hit with a $1 million fine by the SEC.

BRYAN-COLLEGE STATION, Texas–Bianca Lasagna-Coloma, a Texas A&M sophomore, took home $5,000 from Aggieland Credit Union’s sixth annual Tuition Takedown Giveaway sweepstakes. 

OSHKOSH, Wis.--Grant Wheat has been appointed Vice President of Risk Management at Verve, a Credit Union.