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...

Median CU Overdraft Fees Almost Doubled Since 2000 "Credit News 24"

The median overdraft fee at a credit union has almost doubled since 2000. According to research from Moebs $ervices, the median overdraft fe...

Landmark CU Sued over Unfair Overdraft Fees "Credit News 24"

Landmark Credit Union (New Berlin, WI) is being sued for charging its customers overdraft fees in a way that violates the Electronic Funds T...

Study: Fee Income Surpasses Net Income at 76 Percent of CUs "Credit News 24"

For most credit unions, fee income exceeds net income. According to research by Moebs $ervices, 76 percent of credit unions have fee income ...