Agreement with CFPB also calls for company to provide $2 billion in principal reduction to underwater borrowers.
Year 2013 ended with the Federal Reserve’s debit interchange rules still unresolved.
Total loans outstanding at federally insured credit unions grew 6.8% in the year ending Sept. 30, 2013, according to a recent analysis by the NCUA.
Agency says membership also increased in 43 states and territories and declined in nine.
The Cooperative Trust seeks young professionals with limited funds, unlimited enthusiasm.
Analysis shows Republican-leaning states particularly affected in areas of home purchasing and student lending.
Digital Federal Credit Union has teamed up with SunPower Corp. in an agreement that could provide up to $100 million in loans for residential solar projects in the U.S.
Massachusetts credit union looks to go national as lead originator for 36 credit union partners in residential loan program.
Sponsoring local football teams is a long-standing annual tradition for many credit unions. Here's a look at a diverse group of seven.
Federal Reserve has until October 20 for appeal arguments; merchants have until November 20