Of the 56 late filing credit unions, 20 were excused, 28 consented to fines, and eight refused and will receive administrative hearings.
Credit union opposition to the CFPB hasn't been as strong as one would think.
If credit unions didn't cause the financial crisis, why can't they get a blanket exemption from CFPB regs?
Economists also predict loan and membership growth for credit unions through 2016.
The Temporary Corporate Credit Union Stabilization Fund receives sixth consecutive clean audit opinion.
The NCUA board-managed stabilization fund reaches a first-ever positive net position.
WASHINGTON - Suncoast Credit Union will fund consultants to help fellow financial cooperatives gain CDFI certification.
WASHINGTON - New CDFI Fund Director Annie Donovan makes budget a top 2015 priority.
In January, 16 individuals were indicted in a $10 million federal income tax fraud scheme that was initially uncovered by the $262 million Widget Financial Federal Credit Union in Erie, Pa. last spring, according to federal prosecutors.
Widget Financial FCU uncovers $10M scheme by individuals who tried to open 3,493 accounts at 443 banks and credit unions.