Two employees to pay combined restitution of nearly $775,000.
Organizations blast credit union trade groups for misleading the media and Congress.
CUNA survey of 835 credit unions reveals 7.2 million cards affected at an average cost of $8.02 per card.
From 2009 to 2013, 46% of claims paid involved employee dishonesty, the company said.
Bureau investigation finds some servicers divided payments to maximize late fees charged to borrowers.
In newly-created position, Chief Economist Bill Hampel will advise President/CEO Jim Nussle on policy and strategy.
Bureau reiterates focus on payday lending, concerned consumers are getting trapped in the loans.
President Obama has launched an initiative through an executive order called “Buy Secure” to help motivate companies to implement safer payment methods.
Springfield, Va. — When the $1 billion Andrews Federal Credit Union started designing its newest location, President/CEO Jim Hayes said the cooperative wanted a building that went beyond the traditional branch.
ALEXANDRIA, Va. — Matz and McWatters disagree on priorities at monthly NCUA board meeting.