SAN BERNARDINO, Calif.NCUA this morning said it has returned control of Arrowhead Central Credit Union to its members. The agency, along with the California Department of Financial Institutions, has been operating the credit union under conservatorship since June 2010.
ARLINGTON, Va. NAFCU said it has added Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), to the agenda for its Annual Conference and Solutions Expo, July 9-13 at the Hynes Convention Center in Boston. more »
BROCKTON, Mass. More than 540 walkers and runners participated in the Outrunning Homelessness Race and Walk, sponsored by Crescent Credit Union, to raise funds for the School on Wheels of Massachusetts. more »
LYNCHBURG, Va. Authorities are saying they have an admission from a former teller at the now defunct Lynrocten FCU here that she and the CUs manager engaged in a 10-year-long scheme to defraud the credit union. more »
SAN FRANCISCO Two major banks have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller of the Currency. more »
WASHINGTON Federal Reserve Board Chairman Ben Bernanke on Wednesday told lawmakers his concerns about the financial stability risks from historically low interest rates have increased a bit and the central bank continues to factor such concerns into policy decisions. more »