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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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$1.7 billion Vantage West Credit Union in Tucson, Ariz., appointed Jeff Post to serve as an associate director on the Vantage West Board of Directors. As former president/CEO of CUNA Mutual Group, Post brings a wealth of leadership experience and professional achievements, personal integrity, and willingness to serve and provide valuable insight in support of the board’s objectives.
