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Navy Fed Fined $95M for Illegal Overdraft Fees
The CFPB is ordering Navy Federal to refund more than $80 million to consumers, stop charging illegal overdraft fees, and pay a $15 million civil penalty.
NCUA Approves 49 Mergers During the Third Quarter
The list includes six credit unions merging due to poor financial condition and two for poor management.
Members in Michigan & Hawaii Approve Credit Union Mergers
Astera CU will consolidate with Adventure CU on Jan. 1, and recently merged Hawaii credit unions expect system conversions to be completed next year.
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