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ALEXANDRIA, Va. –NCUA has filed suit  in federal court against Wells Fargo Bank National Association, alleging the bank violated state and federal laws by failing to fulfill its duties as trustee for 27 residential mortgage-backed securities trusts.

ALEXANDRIA, Va.–NCUA’s latest Economic Update video looks ahead to 2015, and a year in which the economy will continue to grow and labor markets will continue to improve.

ARLINGTON, Va.—NAFCU has identified 15 issues as its priorities for the New Year.

HERMITAGE, Penn.—The $69.5-million Mercer County Community FCU has named Sandi Carangi as its new CEO

BOISE, Idaho—Mary Hughes has been selected to serve on the State Liaison Committee (SLC) to the Federal Financial Institutions Examination Council.

WAKEFIELD, Mass.—A webinar for credit card issuers on “The Hidden Power of Your Credit Policy” has been set for Feb. 25 from 11:00 to 11:30 a.m. ET. Hosted by Primax and Cyberlis, the webinar will address how a credit union’s “credit policy directly impacts its sales, profitability and overall member banking relationships,” according to the companies.

SUMTER, S.C.--Three more credit unions have announced bonus dividends and/or interest rebates.

CHICAGO—A system for faster payments is on the horizon for the U.S. But there are obstacles, including how consumers and merchants continue to cling to older payments methods due to concerns over security with new payment methods, and worries over the new methods’ interoperability with traditional payment products and infrastructure.

WASHINGTON—The National Credit Union Foundation is introducing a new logo and branding that repositions it as “The Foundation.”

ALEXANDRIA, Va. --NCUA has issued a cease and desist order to New Bethel Federal Credit Union of Portsmouth, Virginia.