12 CUs Consent to Penalties for Late Filing Q1 Call Reports "Credit News 24"

Twelve credit unions consented to penalties totaling $2,853 for late filing their Call Reports in the first quarter of 2018, according to th...

Michigan CU Settles with Justice Department over Illegal Repossession of Servicemembers' Vehicles "Credit News 24"

The Justice Department announced on July 6 that COPOCO Community Credit Union, based in Bay City, Michigan, has agreed to a settlement to re...

25 CUs Fined for Late Filing Q4 2016 Call Report "Credit News 24"

Twenty-five federally insured credit unions have consented to pay civil monetary penalties for filing late Call Reports in the fourth quarte...

Massachusetts Regulator Fines LPL $1 Million for Failing to Supervise Advisers Operating at CU "Credit News 24"

The Boston Globe is reporting that the Massachusetts Securities Division has fined LPL Financial Holdings Inc. $1 million for allegedly fail...

26 CUs Fined for Late Filing Q3 2017 Call Reports "Credit News 24"

The National Credit Union Administration announced that 26 federally insured credit unions consented to $17,485 civil monetary penalties for...

NCUA Fines 24 CUs for Late Filing 2nd Quarter 2017 Call Reports "Credit News 24"

The National Credit Union Administration (NCUA) announced that 24 credit unions have agreed to pay civil monetary penalties for late filing ...

Defunct Bronx CU Fined $500K by FinCEN "Credit News 24"

The Financial Crimes Enforcement Network (FinCEN) today assessed a $500,000 civil money penalty against Bethex Federal Credit Union, Bronx, ...

NCUA: No CUs Fined for Mortgage-Related Violations Between January 2012 and April 2017 "Credit News 24"

Last week the Government Accountability Office (GAO) released a report reviewing the collection and use of funds from financial institutions...