Regulatory & Compliance

Credit union officials attend a hearing in a case they hope will stop a new state law.

A CFPB and NCUA investigation determines VyStar ignored red flags and continued with the rollout that caused members to lose access to their accounts and funds for weeks.

Thursday's action by the CFPB against VyStar is a step rarely taken against credit unions.

The CFPB orders VyStar to pay $1.5 million and refund member fees during a system outage in 2022.

The state's high court says CU employees not authorized to practice law are prohibited from pursuing debt collection lawsuits against their members.

Rep. Claudia Tenney says credit unions aren't regulated as much as banks during an ABA conference.