These People Pay the Most Overdraft Fees

(Bloomberg) — Perhaps the most despised bank fee among consumers is the overdraft fee, an ugly $30 (or so) insult to your wallet. Many consumers have been hit with it at one time or another, usually when it’s the absolute last thing they need....

6 Essential Aspects of Workplace Culture

Yet another study is showing that money isn’t the only thing that can make a worker stay — and it’s not even at the top of the list for many employees.  The main ingredients to crafting a successful culture are purpose, opportunity,...

University Credit Union Names New CEO

The board of directors for the $616 million University Credit Union in Los Angeles said last week David Tuyo was named its new president/CEO. He succeeded Paul Yang who was appointed president/CEO at the $996 million Credit Union 1 in Anchorage, Alaska in December....

Keeping Tabs on MBL Rule Implementation: Onsite at CUBG

NCUA Board Member Rick Metsger talks to CUBG conference attendees about new MBL rules and changes at the NCUA. PORTLAND, Ore. – In a closing session at the 2017 CUBG Annual Conference Wednesday, NCUA Board Member Rick Metsger said the NCUA is taking an active...

DOL Releases New Fiduciary FAQ on Retirement Plans

ERISA attorneys are applauding the Department of Labor’s just-released FAQ guidance on its fiduciary rule. “We are generally pleased,” said Steve Saxon, partner at Groom Law Group. “The 408(b)(2) guidance just makes good sense because the DOL...