The NCUA would not confirm an Oct. 21 report that it has agreed to a tentative settlement with JP Morgan over mortgage-backed securities sold to failed corporate credit unions. The NCUA filed suit against JP Morgan Securities in June 2011, seeking to recover more than $800 million in losses to...
Housing regulator reported to be seeking $6 billion from BoA to settle claims over bad bonds.
Agency declines to comment on accuracy of published report about settlement over failed securities, corporates.
LAS VEGAS—CU Wallet, the credit union-owned digital wallet solution, announced at the Money2020 conference it has contracted with Massachusetts-based mobile wallet developer Paydiant.
The $190 million Cy-Fair Federal Credit Union located in Houston, Texas has hired Brett Wooden for the newly created position of senior vice president of marketing and innovation. Prior to joining Cy-Fair, Wooden held positions at Unitus Community Credit Union in Portland, Ore., where he developed a reputation for using...
ALEXANDRIA, Va.— New board member stresses that repaying debt to Treasury is good for the industry.
From East and West, Midwest and South, credit union people in the news.
Suspects charged with in website takedowns against Visa, MasterCard, Bank of America and others.
The number of credit unions that have been hit by lawsuits alleging patent infringement keeps growing.
Diana Dykstra still remembers her first day at The Golden 1 Credit Union. The former Bank of America employee was hired in August 1982, the very day California’s second-largest credit union reached $200 million in assets.