Americas

BROOMFIELD, Colo. — Community Financial Credit Union here said it will distribute $400,000 to reward its most loyal members as part of its "Member Bonus" program.

Government investigations of auto lending are beginning to pile up, and they are weighing on investors' perceptions of the fast-growing industry.

ROCKY HILL, Conn. — Nutmeg State FCU kicked off the new year with a new charter, converting from a federal charter to a state charter and becoming Nutmeg State Financial CU.

A San Diego-based debt collector has agreed to pay $675,000 in civil penalties and give up $18 million won in court fights against 4,500 consumers, New York Attorney General Eric Schneiderman said Friday.

GRAND RAPIDS, Mich. — One key element that separates credit unions from their competitors is the skills, talents and experience of their employees.

The company said in a press release Thursday that it redeemed preferred shares worth $76.46 million that were issued under the program to the Treasury Department.

The Man Group, an international hedge funder provider that manages approximately $72.3 billion, has contracted with Thomson Reuters to use its Accelus Org ID "Know Your Customer" platform.

Gov. Scott Walker of Wisconsin addressed speculation about a possible presidential bid during a speech to the Wisconsin Bankers Association.

TEXAS CITY, Texas — The $652 million AMOCO Federal Credit Union said it showed its appreciation for the members that most believe in it through a $1 million bonus dividend.

Potential buyers have long been wary of high premiums and the potential for volatility in the energy sector. A harsh correction in oil prices and Texas bank pricing has suddenly given those banks a chance to revisit their views.