The Consumer Financial Protection Bureau is set on Thursday to issue a proposal that would ban the use of arbitration clauses that prevent consumers from bringing class action lawsuits.

Rick Metsger, who was recently elevated from vice chairman to chairman of the National Credit Union Administration, has promoted his senior policy advisor, Michael Radway, to chief of staff.

CO-OP Financial Services is launching CO-OP Purpose, a new corporate social responsibility program for credit unions that provides community-oriented initiatives.

Why compliance isn’t the biggest problem credit unions face and people helping people is behind the next big buzzword.

Just six months out from the general election, presumptive Republican presidential nominee Donald Trump's positions on financial issues remain a complete mystery aside from a general pledge to roll back the Dodd-Frank Act.

The Federal Financial Institutions Examination Council (FFIEC) announced the appointment of Edward “Joe” Face to the Council’s State Liaison Committee (SLC).

The Consumer Financial Protection Bureau is expected to issue a proposal Thursday that would limit the use of arbitration clauses on millions of financial contracts from cellphones to credit cards to checking accounts. Here are key areas to look at when the plan is released.

The Illinois Credit Union League (ICUL) said its former president and CEO, Dan Plauda, passed away over the weekend.

Veridian names a new team leader, new directors tapped at Ent and Wright Patt and more CU professionals in the news.

NCUA will host a listening session on May 25 at 2 p.m. EST to garner input regarding its Minority Depository Institutions Preservation (MDIP) Program.

CO-OP Financial Services and TMG have commissioned Mercator Advisory Services to study blockchain technology in order to help credit unions decide about using this digital ledger system that provides a distributed list of records including transactional data and sequence.

RIVERSIDE, Calif. – Altura Credit Union reported net income of $3.2 million on assets of $1.2 billion for the quarter ended March 31.

A federal appeals court case challenging the constitutionality of the Consumer Financial Protection Bureau is raising concerns that if the agency loses, it could open the floodgates for a flurry of other lawsuits against the CFPB.

WASHINGTON — Financial regulators are proposing changes to their standards for evaluating institutions' compliance with consumer protection rules to account for the evolution in supervisory approaches since the standards were adopted in 1980.

WILMINGTON, Calif. — ILWU Credit Union and ILWU-FSC Federal Credit Union on Monday announced that they have completed a merger.

Rick Metsger becomes ninth head of National Credit Union Administration's now two-member board of directors.

Power Financial Credit Union, a $575 million institution based in Pembroke Pines, Fla., announced Monday that it will merge with the $43 million Ryder System FCU.

Search for successor to long-time – and outspoken – leader of State Employees' Credit Union should be completed no later than first quarter of 2017, according to chairman of the board.

U.S. college students, already burdened by spiraling student loan debt, don’t know much about using credit cards responsibly, according to a new survey.

About 40% the credit union’s six million members are millennials and represent the largest segment of the $75 billion institution’s membership base.