An appeals court ruled that the electronic delivery of private information that was not made public did not constitute real harm to the consumer.

Ann Marie Nelson has tendered her resignation as president and CEO of Adventure Credit Union in Grand Rapids. The company named Amanda Garabedian, its chief operating officer, as interim CEO.

By offering financial education through local crisis centers and community groups — and following through with access to credit — many credit unions are building trust with people who had been wary of working with mainstream institutions.

The three challenger banks have defied the odds and created business models that have made them net positive in a market where fewer than 5% of startups are making money.

VTB, one of the largest state-run financial institutions in Russia, is allowing transfers in yuan without using the SWIFT messaging system. However, building scale without access to Western markets will be a challenge.

The Mortgage Bankers Association forecast comes as bankers continue keeping an eye on their commercial real estate portfolios, including office buildings. The MBA also noted that many companies have long-term leases on their offices, likely making the hit more gradual.