While a former branch manager was giving financial advice to a 91-year-old member, she allegedly stole more than $125,000 from that member’s savings account. Claudette Retana, 66, who retired earlier this year from the $9.5 billion Security Service Federal...

Democratic state attorneys general say they will redouble their consumer and financial services enforcement efforts if the CFPB slows down its enforcement. “If incoming CFPB leadership prevents the agency’s professionals from aggressively pursuing consumer...

While the House and Senate tax bills were taking shape, lawmakers floated some changes to 401(k) contributions. A survey conducted around that time shows just how deeply those changes would have affected savers. Three-quarters of nonretired investors in a...

Olympia, Wash.-based QCash Financial, a CUSO providing automated, cloud-based, omni-channel small-dollar lending technology for financial institutions, announced the launch of the latest version of its digital lending platform. According to QCash its newest platform...

Mick Mulvaney is the properly appointed interim director of the CFPB, CUNA argued in a brief filed Tuesday in a suit challenging the director’s appointment. “CUNA and its members have a strong interest in ensuring that the CFPB at all times operates under...

Credit unions in Kansas, Georgia and Connecticut recently appointed new CEOs. Frank Shoffner was named president of the $790 million Credit Union of America in Wichita, Kan., the board of directors announced Monday. Shoffner will become president and CEO following the...