MUSKEGON, Mich. - (05/15/06) Mary Kleinsorge, formerassistant manager at Muskegon St. Joseph FCU, was named presidentand CEO of the $8 million credit union, succeeding the creditunions longtime managerher father. The dad, FrancisBaker, 84, ran the credit union for 47 years before retiring at thestart of May. The father will continue to serve as treasurer on theboard, a post he has served for more than 50 years.
The nation's largest bank said Monday that it will continue to invest in artificial intelligence, despite fears that the technology may harm lenders, and in private credit, despite concerns of cracks in asset quality.
Credit One Bank agreed to a $10.2 million settlement after almost five years of litigation with a group of California district attorneys. The suit alleged that the bank's vendors made harassing phone calls to borrowers.
The platforms, where bets are placed on everything from U.K. soccer teams to the price of bitcoin, are getting traction from investors and attention from regulators.
Hackers used stolen credentials to access the French FICOBA database, exposing names and account numbers but failing to access funds directly.
Social Security numbers, business addresses and other sensitive information were exposed. The company has fixed the error and refunded the victims.
The CFPB is in an existential legal brawl against it's own acting director, Russell Vought, and President Donald Trump, whose confirmed goal is to kill the agency.
