Because Choice Escrow declined bank security tools, it is responsible for a $440K fraudulent wire loss.
Despite high-tech tools, the human factor of compliance can't be eliminated entirely.
Senators Tim Johnson (D-S.D.) and Mike Crapo (R-Idaho) say the rule could hamper ag lending.
North Dakota, New Jersey and New Hampshire make this list.
New Yorkers can now file claims for more than $20 million in refunds for illegal interest they were charged on loans from Western Sky Financial and CashCall, the state's attorney general said last week.
Ag credit unions decry the NCUA's risk-based capital proposal and its effect on business lending.
A bill that would phase-out Fannie and Freddie is unlikely to pass a full Senate vote.
A South Dakota credit union is celebrating its 75th anniversary by giving back to some of the community's youngest residents.
Western Sky, CashCall settlement could yield more than $20 million in refunds for interest overcharges, state's attorney general says.
Dodd-Frank mandated tests, which include systemically catastrophic models, produce far worse results than FHFA's testing of Fannie and Freddie.