Like Fiserv, FIS assures clients of the anonymity of all data provided to the agency.
Regions Bank fails to opt in customers for courtesy pay program, charges $49M in illegal fees.
Most active members receive more than $100 per year.
Bankrate.com survey shows 72% of largest CUs offer free checking compared to 38% of banks.
The CFPB still looking for input on overdraft fees.
Proposed and potential rules from the NCUA, CFPB and others are front and center in credit union strategic planning.
The $29.5B cooperative opts to reward members through lower fees and fee forgiveness.
Expect the CFPB to scrutinize overdrafts, payday lending, prepaid cards, auto loans and mortgage lending.
Lower overdraft fees and expanded opt-in are possible provisions of a new overdraft rule, expected from the CFPB mid-year.
The $100M Heritage Grove FCU designs debit card to woo Millennials.