by GrafWebCUSO | Jul 10, 2017 | News
The CFPB on Monday released final rules that will restrict the use of arbitration clauses in financial contracts—specifically rejecting the argument made by credit unions that they should be exempt from the regulations. “While credit unions may be...
by GrafWebCUSO | Jul 10, 2017 | News
This past week, nine credit unions across the nation announced hires, promotions, board appointments and certifications. Check out the latest People news here. WEST Tessa Bonfante, COO of the $315 million Denver Community Credit Union in Denver, was elected to serve...
by GrafWebCUSO | Jul 10, 2017 | News
California will need to provide banks and credit unions with significant details about licensed marijuana businesses if the state wants to encourage financial institutions to serve the industry when recreational sales start next year, two bank executives told a...
by GrafWebCUSO | Jul 10, 2017 | News
A former CEO who is serving a three-year prison sentence for bank fraud was ordered by a federal judge last month to pay restitution of more than $500,000. Charles Juska, former president/CEO of the $22.3 million Tazewell County School Employees Credit Union in Pekin,...
by GrafWebCUSO | Jul 7, 2017 | News
JPMorgan Chase files a lawsuit against the NCUA for breaching a $1.4 billion settlement.
by GrafWebCUSO | Jul 7, 2017 | News
Despite an increasing number of ways to pay for goods and services, consumers still use cash, a survey by Blumberg Capital found.
