Credit Union Sued for Illegally Repossessing Servicemembers' Cars

The Justice Department filed a lawsuit in the Eastern District of Michigan to recover damages from the COPOCO Community Credit Union (Bay Ci...

NLRB: TruStone Financial FCU Violated Federal Labor Law

The National Labor Relations Board (NLRB) has ruled against TruStone Financial Federal Credit Union (Plymouth, MN) in a dispute over the cre...

UBS to Pay $69.8 Million to NCUA

The National Credit Union Administration will receive $69.8 million from UBS in damages and interest for claims arising from losses to Membe...

NCUA Will Receive $50.3 Million from Credit Suisse

Credit Suisse will pay the National Credit Union Administration (NCUA) $50.3 million in damages and interest for claims arising from losses ...

NCUA Recovers $575 Million in Goldman Sachs Settlement

The National Credit Union Administration (NCUA) recovered $575 million from Goldman Sachs $5 billion settlement with the U.S. Department of ...

NCUA Agrees to $29 Million Offer of Judgment from Credit Suisse

The National Credit Union Administration (NCUA) announced acceptance of a $29 million offer of judgment from Credit Suisse to resolve claims...

NASA FCU Sued over Overdraft Fee Program

NASA Federal Credit Union (NFCU) of Upper Marlboro, Maryland is being sued over its overdraft fee program. According to the November 17, 201...

UBS Settles MBS Lawsuit with NCUA, Judge Tosses Lawsuits Against Trustee Banks

Reuters is reporting that UBS AG has agreed to pay $33 million to resolve claims that it sold toxic mortgage-backed securities (MBS) to two ...

360 Federal Credit Union Settles ADA Complaint

U.S. Attorney’s Office for the District of Connecticut has reached a settlement with 360 Federal Credit Union (Windsor Locks, CT) to ensure ...