Director Cordray says FIs may face bureau action if they do not report accurate account information to credit reporting companies.
Cooperatives see growth of more than 10% for the seventh consecutive quarter in Q4 2015.
Randy Gard Teall makes $83,000 in bad loans for borrowers, including his own business partner and tenant.
Credit union marks 48 straight months of positive earnings after being placed into conservatorship in 2011.
The cost of the new app, available to all CU*Answers credit union clients, is included in the CUSO’s e-commerce fee.
Alabama One stories earn CU Times a finalist spot in the best news coverage category.
Dorothy Stegall Barnes steals $826,000 from Pantex FCU to buy unspecified toys for her late husband.
Member credit unions and leagues will vote through mid-March to approve or reject new membership bylaws.
Montgomery County CU, which was placed into conservatorship in April 2015, merges into a $52 million institution.
Credit unions struggle to build effective cybersecurity strategies that also satisfy regulatory requirements.