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WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has ordered installment lender OneMain Financial to pay $20 million in redress and penalties for failing to refund interest charged to 25,000 customers who cancelled purchases within a purported “full refund period,” and for deceiving borrowers about needing to purchase add-on products to receive a loan.

WESTBROOK, Maine–Maine’s credit unions today will once again kick off their annual $100,000 Ending Hunger Challenge. The fourth annual initiative will run throughout June as part of Maine Credit Unions’ Campaign for Ending Hunger.

WASHINGTON—The Federal Trade Commission is sending payments totaling more than $557,000 to consumers who paid money to GDP Network, LLC, a Florida-based telemarketing company that promised credit card interest rate reductions and “regularly failed to deliver.”

SAN FRANCISCO–The Justice Department is looking into whether anyone at the now failed First Republic Bank used inside information as a basis for stock transactions as the bank was falling apart.

ALEXANDRIA, Va.– NCUA has issued a new prohibition order, permanently prohibiting the individual from ever again participating in the affairs of any federally insured depository institution.

NEW YORK– Inclusiv will host a webinar later this week for its member credit unions on NCUA grant “opportunities,” for the application that runs through June 30.

LAS VEGAS–A former presidential candidate and a member of one of America’s best-known families outlined for credit unions here an overview of where he believes things stand in the country, ranging from a Fed that “doesn’t know what it’s doing,” to references to the Sopranos, to why “artificial intelligence” is a bad name, to four things to be optimistic about. And more.

LAS VEGAS–There is a “new era in automotive retail,” and credit unions gathered here were told what they should be watching for and given some strategies to consider in responding.

LAS VEGAS–With change taking place in the automobile, auto lending and lending market in general nearly as quickly as a Tesla accelerates, credit unions were given an update on how one CUSO is working to keep CUs not just “relevant” but a significant presence.

WASHINGTON—Despite what FDIC chairman Martin Gruenberg called a “period of stress” during Q1, net income in the banking industry grew during the quarter, although community banks saw a decrease in income compared to one quarter earlier.