Advanced search


WASHINGTON—The CFPB’s latest monthly complaint snapshot shows that both private and federal student loan borrowers nationwide report persistent servicing breakdowns that may sideline their path to repayment.

ARLINGTON, Va.—Rod Taylor, president and CEO of Barksdale FCU in Bossier City, La., and Daniel Weickenand CEO of Orion FCU in Memphis have been reelected to at-large seats on the NAFCU board of directors.

WESTBROOK, Maine–John Murphy, who recently retired as president of the Maine Credit Union League and Synergent after a 44-year career with the association, was honored during an event at the Westin Portland Harborview Hotel, where more than 400 people turned out.

ALEXANDRIA, Va. – On behalf of the former U.S. Central FCU and Western Corporate FCU (WesCorp), NCUA reported it has received $445 million from UBS for claims arising from losses related to purchases of residential mortgage-backed securities by those corporate credit unions.

WESTBURY, N.Y.–Nassau Financial Federal Credit Union provided onsite paper shredding services at their Oceanside branch on Earth Day so that their members could shred sensitive documents using a shredding truck in the Oceanside branch parking lot.

ANCHORAGE, Alaska – The Alaska Credit Union League donated $16,000 to Alaska Business Week to support and promote the business education of Alaska’s future leaders and entrepreneurs.

WASHINGTON—The CFPB has announced that it is seeking feedback on its plan to assess the effectiveness of the 2013 Real Estate Settlement Procedures Act (RESPA) mortgage servicing rule. The bureau said it will issue a report of the assessment by January 2019.