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July 25, 2024

The Credit Union industry’s most important updates

Efficiently grow loans and member relationships

Credit union class action settlement deadline approaching August 12

The deadline for credit unions to file claims for cash payments from a 28.5 million class action settlement against Wawa is approaching quickly.  The settlement centers over an alleged data breach involving payment systems at Wawa convenience stores, compromising more than 30 million payment cards. The claim filing deadline is August 12. Three types of …

CFPB issues circular on whistleblower protections under Dodd-Frank

The Consumer Financial Protection Bureau Wednesday issued a circular to law enforcement agencies and regulators explaining how companies may be breaking the law by requiring employees to sign broad nondisclosure agreements that could deter whistleblowing. The circular explains how imposing sweeping nondisclosure agreements that do not clearly permit communication with law enforcement may intimidate employees …

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