SAN FRANCISCO–Wells Fargo has reached an agreement to sell the majority of its commercial mortgage servicing business to global loan services provider Trimont.
Fresh Today
WASHINGTON—Candidates supported by America’s Credit Union PAC and state leagues won across three states Tuesday.
COLORADO SPRINGS, Colo. – Ent Credit Union said it has entered into a new partnership with four high schools along the Front Range to introduce branded debit cards for students.
NEW BEDFORD, Mass.–SouthCoast FCU said it has taken several steps to make it easier for immigrants to open accounts, including by eliminating the requirement that members have a Social Security number.
WASHINGTON—The Consumer Financial Protection Bureau has ordered Fay Servicing to pay a $2 million penalty for violations of mortgage servicing laws, as well as for violations of a 2017 agency order that addressed its illegal foreclosure practices.
WASHINGTON—Even with elections looming, the Senate is working towards approving a bipartisan bill on cryptocurrency regulation before the end of the year, according to a new report.
NEW YORK–The fees for using out-of-network ATMs continue to rise, with an average fee of $4.77 this year, according to Bankrate’s 2024 Checking Account and ATM Fee Study.
WASHINGTON—Credit union loans outstanding increased 0.5% in June, similar to the 0.5% increase in May of 2024 and a 0.7% increase in June 2023, according to America’s Credit Unions’ latest Monthly Credit Union Estimates.
PANAMA CITY, Fla.–Tyndall FCU has named a president and CEO to succeed the retiring Jim Warren.
WASHINGTON– The Defense Credit Union Council has sent a letter to Sens. Richard Blumenthal (R-CT) and Elizabeth Warren (D-MA) expressing opposition to the Protecting Consumers from Payment Scams Act, which if enacted would expand the scope of the Electronic Fund Transfer Act (EFTA).