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WILMINGTON, Del.–Navient, which was once one of the largest student loan servicing companies in the U.S., has reached a $1.85 billion deal with 39 states to settle claims it had made predatory loans that resulted in borrowers overwhelmed by crushing debts they were highly unlikely to repay.

WASHINGTON–The Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) have announced a Tech Sprint they said is aimed at developing solutions for financial institutions and regulators to help measure the effectiveness of digital identity proofing—the process used to collect, validate, and verify information about a person.

NEW BRUNSWICK, N.J. – B-M S Federal Credit Union has introduced a new website.

AURORA, Colo.,  The District Credit Union, formerly Aurora Schools FCU, has named a new president and CEO.

MADISON, Wis.—CUES has announced that its  CUES Emerge, a program for emerging leaders, is now accepting applications for the 2022 cohort.

WASHINGTON—With a new director nominated to lead the Federal Housing Finance Agency, CUNA is offering a number of recommendations on which it said it is hopeful the FHFA will act.

WASHINGTON—NAFCU joined with other trade associations calling for Congress to pass comprehensive privacy legislation that protects all Americans equally.

NEW YORK–Credit unions continue to fall behind consumer preference w

PLANO, Texas—SWBC will host a free, one-hour webinar Jan. 19 that it said will review last year’s economy and look ahead to what CUs can expect in 2022.