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Agreement with CFPB also calls for company to provide $2 billion in principal reduction to underwater borrowers.

The breach, which reportedly involved the theft of mag stripe data, will have a significant impact on credit unions and members.

The breach, which reportedly involved the theft of mag stripe data, will have a significant impact on credit unions and members.

NCUA Board members, NAFCU's Berger, CUNA's Cheney said they look forward to working with McWatters.

Agency says more than 2,000 credit unions now carry low income designation.

Agency says more than 2,000 credit unions now carry low income designation.