The owner of two online payday loan businesses that charged interest rates ranging from 89% to 169%, plus fees, will no longer be doing business in Pennsylvania.
If approved by members and the NCUA, the deal will create the industry's largest corporate by member count.
Ongoing Operations signs with the $5.6 billion Digital Federal Credit Union.
The California-based firm also faces enforcement and civil actions in 13 other states.
Read about five cities the AARP recommends to retirees. Only one of them is in Florida.
Credit union default rates aren't showing signs of what some call a student loan asset bubble about to pop.
Credit unions need a guarantee that a final risk-based capital rule won't put them at a competitive disadvantage to banks.
The House defeats an anti-marijuana amendment and passes one that supports legal drug businesses.
One program offers payday loan alternatives through in partnership with employee sponsor groups.
CUSO signs the $5.6B Digital FCU.