One credit union spokesperson claims the lawsuit is a way for unscrupulous lawyers "to extort money from financial institutions."
The CFPB releases final rules restricting arbitration clauses and rejects the notion that credit unions be exempt from regulations.
The Alabama Credit Union Administration releases Alabama One from conservatorship, but legal problems persist.
The NCUA is receiving a $3 million claims settlement from Nomura Asset Acceptance Corporation.
Credit unions are encouraged to strengthen overdraft agreements to hopefully avoid lawsuits.
Plaintiffs in 11 suits are too different to warrant combining their cases, a judicial panel says.
Attorneys advise credit unions to implement BYOD policies to avoid lawsuits. Learn what to include.
Credit union has not yet revealed vote count, but challenger says he lost.
Letter to senators seeks passage of patent troll defense legislation.
Vermont credit union CEO tells Senate panel patent trolls hinder adoption of new product offerings.