Navy Federal Asks Judge to Dismiss Alleged Racial Disparity Lawsuit

The court filing argues the class action lawsuit is based on incomplete data and dated public information.

By Peter Strozniak | March 22, 2024 at 04:32 PM

Navy Federal's newest branch opened in January in Douglasville, Ga.

The $170 billion Navy Federal Credit Union asked a Virginia federal judge to dismiss a class action lawsuit that claims the nation's largest financial cooperative has the widest racial disparity in approval rates among the country's 50 largest mortgage originators.

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CU on a Mission to Make Housing Affordable

By Michael Ogden | July 26, 2024

Leadership at Great Basin FCU is involved in a new initiative to make housing affordable for members in Nevada.

CU on a Mission to Make Housing Affordable

Bank Shareholders Approve Proposed Acquisition by Global Credit Union

By Peter Strozniak | July 26, 2024

Although Washington state regulators gave the deal a green light, decisions from the NCUA and FDIC are pending.

Bank Shareholders Approve Proposed Acquisition by Global Credit Union

Space Coast Sells $669 Million in Auto Securities

By Jim DuPlessis | July 26, 2024

The Florida CU is the fourth-largest holder of indirect car loans, the type sold in a deal that closed Wednesday.

Space Coast Sells $669 Million in Auto Securities

Embracing a Modern Tech Stack and Architecture for Seamless Payment Experiences, Increased Efficiencies and Lower Operating Costs link

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