Keith Leggett’s Credit Union Watch
Keeping an eye on the credit union scene.
Monday, April 22, 2019
Navy FCU Pays $24.5 Million to Settle Improper OD Fee Lawsuit
Navy Federal Credit Union (Vienna, VA) paid $24.5 million to settle overdraft (OD) fee class action lawsuit. Navy FCU agreed to pay up to ...
Sunday, April 21, 2019
STCU to Acquire Branch Customers of Banner Bank
Spokane Teachers Credit Union (STCU), headquartered in Liberty Lake, Washington, is acquiring the Bonner County (ID) customers of Banner Ban...
Saturday, April 20, 2019
Canvas CU Faces Class Action Lawsuit over OD Fee Practices
Canvas Credit Union (Lone Tree, CO), the former Public Service Credit Union, is being sued over its overdraft (OD) fee practices. The clas...
Friday, April 19, 2019
L&N FCU Buys Naming Rights to University Arena
L&N Federal Credit Union (Louisville, KY) recently bought the naming rights to the University of Louisville (UofL) Cardinal Arena. The...
Navy Surpasses $100 Billion in Assets Milestone, as of Q1 2019
Navy Federal Credit Union (Vienna, VA) surpassed the $100 billion threshold. As of March 31, 2019, the credit union reported $103.2 billio...
Thursday, April 18, 2019
Survey: No Change In the Percent of Small Businesses Seeking Credit from CUs
The percentage of small businesses with employees applying for financing from credit unions was flat, according to the latest Small Business...
Wednesday, April 17, 2019
CUNA Claims MBL Victory, Then Seeks More Holes in MBL Cap
After declaring victory with respect to the member business loan (MBL) fight, the Credit Union National Association (CUNA) appears to have r...
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