RICHLAND, Wash. and CENTRALIA, Wash., May 23, 2024 /PRNewswire/ -- Gesa Credit Union, a community-focused credit union headquartered in Richland, Washington, and Security State Corporation, the bank holding company of Security State Bank, headquartered in Centralia, Washington, jointly announced today that they have entered into a definitive agreement under which Gesa Credit Union will acquire and assume substantially all of the assets and liabilities of Security State Bank.
I would like to use this meeting to talk about the NCUA’s recent decision to require credit unions with assets $1 billion and over to publicly publish their revenue from overdraft fees and fees for insufficient funds.
Complaints to CFPB from servicemembers, veterans, and their families just crossed the 400,000 mark. Last year, the CFPB saw total complaints from the military community increase by 27% from 2022 and 98% compared to 2021—with complaints ranging from credit reporting errors to mortgage problems to financial fraud and scams.
OAKLAND — California Attorney General Rob Bonta today led a multistate coalition of 19 attorneys general in filing an amicus brief in National Automobile Dealers Association et al. v. FTC, supporting the Federal Trade Commission’s defense of its new auto sales (CARS) Rule. The rule addresses several persistent unfair and deceptive practices in the auto sales industry. In the amicus brief, filed in the Fifth Circuit Court of Appeals, the coalition argues the new FTC rule is a necessary step to protect consumers as existing law has proven insufficient to stamp out widespread dealer misconduct.
WASHINGTON, D.C. – Under an interpretive rule issued by the Consumer Financial Protection Bureau today, lenders that offer buy now, pay later (BNPL) loans will be required to provide borrowers with certain protections, namely the right to dispute charges and to demand a refund after returning a product they purchased.
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