WASHINGTON—The Consumer Financial Protection Bureau has taken action against New Day Financial (aka NewDay USA) for allegedly “deceiving” active duty servicemembers and veterans seeking cash-out refinance loans.
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SAN DIEGO – A man here has been arrested early today and charged in federal court with two counts of damaging property in connection with using explosives on two ATMs as part of a robbery attempt, including at one credit union.
BALTIMORE— SECU has partnered with the University of Maryland to begin offering the Terps Card, he official credit card of the Maryland Terrapins.
ORLANDO--Orlando Credit Union (OCU) said it has launched a CUSO offering business and commercial human capital management (HCM) solutions in the state.
ALEXANDRIA, Va.– NCUA has issued a prohibition order against one person, which permanently bans them from ever again participating in the affairs of any federally insured depository institution.
NEW YORK–Clifford Rosenthal, the long-time leader of what was formerly called the National Federation of CDCUs and today is known as Inclusiv, will be inducted into the Cooperative Hall of Fame.
DENVER–A “Pints with Purpose” fundraiser to be held ahead of the GoWest CU Associations upcoming Maxx Conference to raise funds for Children’s Miracle Network hospitals has been announced.
PURCHASE, N.Y.—During a second quarter earnings call, Mastercard confirmed it will cut about 1,000 employees as part of a restructuring to focus on international markets.
CHERRY HILL, N.J.—TD Bank Group announced the bank continues to actively pursue a global resolution of the civil and criminal investigations into its U.S. Bank Secrecy Act (BSA)/anti-money laundering (AML) program by the Financial Crimes Enforcement Network (FinCEN) and Department of Justice (DOJ), according to a new report.
TROY, Mich.–A new J.D. Power survey has found that while the percentage of U.S. bank customers who are financially healthy has remained steady, the overall level of concern regarding inflation has fallen sharply.