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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.
The list includes six credit unions merging due to poor financial condition and two for poor management.
NCUA and Fed data also show credit unions’ share of auto loans in September has fallen from a year earlier.
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Embroiled in foreclosure proceedings that stretch back to 2008, Evangelical Christian Credit Union is still in the middle of a legal fight against was once one of Florida’s largest churches.
