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ONTARIO, Calif.–A law firm said it is seeking to represent customers of Wells Fargo and JPMorgan Chase as part of a class action that alleges the two big banks “improperly and illegally” charged customers overdraft fees on debit card transactions while at the same time using arbitration clauses to prevent customers from bringing claims.

WAUSA, Wis.--John Saley has been named Vice President of Information Security at Connexus Credit Union.

FORT WASHINGTON, Penn.– TruMark Financial Credit Union held its first in-person Financial Reality Fair since the pandemic at La Salle University

RANCHO CUCAMONGA, Calif. –The “big news” to be found in the economic and consumer spending data in March is thatconsumer spending is returning to historically typical behavior patterns and showing robust increases across every major category, according to the newest analysis released by Co-op Solutions.

WASHINGTON–Financial institutions are being urged to focus their efforts on detecting and reporting proceeds of foreign corruption by the Financial Crimes Enforcement Network (FinCEN), which has provided a list of “red flag” indicators to aid them in doing so.

LAKE FOREST, Ill.—A new study predicts that if the federal government steps in to control overdrafts many consumers will leave the traditional banking market, nearly half of credit unions will go out of business, and thousands of FI employees will lose their jobs.