Trade Groups Sue CFPB over Arbitration Rule "Credit News 24"

The American Bankers Association, the U.S. Chamber of Commerce, the Consumer Bankers Association, the Financial Services Roundtable and seve...

Federal Court Overturns Obama Administration Overtime Rule "Credit News 24"

A federal judge in Texas on August 31 overturned the Obama administration’s final rule doubling the salary level used to determine whether e...

NCUA Replies to ABA's FOM Lawsuit "Credit News 24"

The National Credit Union Administration (NCUA) filed a reply brief on August 9 to an American Banker Association (ABA) lawsuit challenging ...

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...

Navy Federal Credit Union Sued over Its Overdraft Program "Credit News 24"

Credit Union Today is reporting that a class action lawsuit has been filed against Navy Federal Credit Union alleging breach of contract ove...

MidFlorida Credit Union Settles Overdraft Class Action Lawsuit "Credit News 24"

Credit Union Times is reporting that MidFlorida Credit Union (Lakeland, FL) will pay $2.375 million to settle a class action lawsuit regardi...

A Class Action Complaint Filed Against Centra Credit Union for Violating FCRA "Credit News 24"

In case you missed it, a class action complaint was filed earlier this year against Centra Credit Union (Columbus, IN) for violating the Fai...

Grow Financial Alleges GTE Financial Stole Trade Secrets and Private Member Information "Credit News 24"

Grow Financial FCU in Tampa has filed suit in federal court against GTE Financial Credit Union (Tampa). The lawsuit alleges that a former e...