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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.
NCUA and Fed data also show credit unions’ share of auto loans in September has fallen from a year earlier.
The list includes six credit unions merging due to poor financial condition and two for poor management.
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Her life and career have been marked by her incredible ability to succeed after overcoming challenges. The CEO said she flunked out of college after high school. Later, she endured the challenges of divorce, raising her children on a small salary and seeking public assistance. These were all humbling experiences for Hunnicutt. However, the self-described survivor said that these setbacks didn’t stop her. She went on to get her degree in accounting and become a CPA at the age of 40. Later she became the CFO at Landings and eventually moved up to the CEO role.
