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WASHINGTON—The FBI reported more than 4,250 financial institutions were robbed last year. While robbers typically com­plete their heists during office hours, a recent trend of targeting credit unions at opening and closing time has emerged, CUNA reported.

MADISON, Wis.–The Credit Union Development Education (DE) Program has raised more than $60,000 to date in 2017 for several charities and causes, in addition to donating manpower.

MOBILE, Ala.—The Alabama Credit Union Administration has issued a cease and desist order against New Horizons CU here.

WASHINGTON–The Consumer Financial Protection Bureau has acted against Top Notch Funding and two individuals associated with the company for lying in loan offerings to consumers who were awaiting payment from settlements in legal cases or from victim-compensation funds.

WASHINGTON–The CFPB at one point had determined it could pursue a $10-billion penalty against Wells Fargo over its account-opening scandal, before finally settling on a much smaller amount, according to newly released documents.

BOSTON–Massachusetts Attorney General Maura Healey has become the first to file a lawsuit against credit reporting firm Equifax over a breach that exposed the personal data of as many as 143 million people, including three-million in Massachusetts.

WASHINGTON–Members of the Senate Finance Committee are demanding that Equifax answer questions regarding its massive data breach, including why three of its executives sold shares after the breach had been discovered.

WASHINGTON–The national average rate on the 30-year fixed mortgage has hit a year-to-date low for the third consecutive week, according to data released by Freddie Mac.

ATLANTA–So many consumers have responded to the Equifax data breach with requests that a credit freeze be placed on their credit files that all three credit bureaus are having difficulty keeping up with demand.

NEW YORK—At the FinovateFall 2017 conference here this week, Mastercard introduced a mobile cash disbursement service that turns the classic cash dispensing ATM into a hub for emergency relief, as well as a means to deliver merchant rebates.