MARLBOUGH, Mass.—The $8.5-billion Digital Federal Credit Union here must face a lawsuit accusing it of charging overdraft fees to thousands of customers based on an artificially low “available balance” when they had ample money in their accounts, a federal judge in Massachusetts has ruled. Read More »

NeighborhoodLIFT program will offer homebuyer education plus $15,000 down payment assistance grants available for eligible homebuyers in Lake, Orange, Osceola and Seminole counties; special parameters for veterans, military, teachers and first responders. Read More »

STAMFORD, Conn.—Traditional financial institutions and insurance companies are facing extinction in the next decade due to increased digitization in the financial services sector, asserts a new forecast reveals. Read More »

Company’s financial education program reached 1 million service members and families. Read More »

Wells Fargo Mobile Response Unit to be stationed in Panama City to provide assistance to consumer and small business loan customers. Read More »

SAN FRANCISCO–The pace of home price increases slowed in August, falling below the 6% mark in August for the first time in 2018. Read More »

Publication from Wells Fargo and Governing Institute includes policy ideas from government officials. Read More »

WASHINGTON – Existing-home sales declined in September after a month of what the National Association of Realtors called “stagnation” in August. All four major regions of the U.S. saw no gain in sales activity last month, the NAR said. Read More »

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today issued a reminder to warrant holders that the Company’s publicly traded warrants to purchase common stock (NYSE: WFC WS) are set to expire on Sunday, Oct. 28, 2018. Read More »

ALEXANDRIA, Va.—The NCUA board Thursday approved by a 2-0 vote a one-year delay in the implementation of its risk based capital rule. Read More »

Donation of $1 million made to American Red Cross and local organizations for relief; customers can make additional donations through ATM Contributions and Go Far Rewards. Read More »

TALLAHASSE, Fla.—Credit unions along the Florida and Alabama Gulf Coast today are assessing damage to their operations, members and communities from Hurricane Michael. Read More »

Projects will help communities address impacts of a changing climate through conservation and capacity building. Read More »

WASHINGTON—A number of federal departments and agencies, including NCUA, have issued a statement to address instances in which certain banks and credit unions may decide to enter into collaborative arrangements to share resources to manage their Bank Secrecy Act (BSA) and anti-money laundering (AML) obligations more efficiently and effectively. Read More »

ALEXANDRIA, Va.—Low-income credit unions sustaining damage from Hurricane Florence are eligible for urgent needs grants up to $7,500 from NCUA to help restore operations, the agency reported Monday. Read More »

RALEIGH, N.C.-As the Carolinas take the first steps toward recovery from Hurricane Florence, the insurance industry is hard at work helping residents, businesses, and affected communities jump-start the rebuilding process. Read More »

.BOSTON — Following a catastrophic event such as the recent gas line explosions in Andover, Lawrence and North Andover it is important for residents to be alert for scams and fraudulent activity, according to the Property Casualty Insurers Association of America (PCI). Read More »

MADISON, Wis./ST. PETERSBURG, Fla.–CUNA Mutual and PSCU said they are joining to “explore opportunities surrounding the expanded use of data and analytics.” Read More »

DENVER--(BUSINESS WIRE)--The Wells Fargo Innovation Incubator (IN2), a technology incubator and platform funded by the Wells Fargo Foundation and administered by the National Renewable Energy Laboratory (NREL), is expanding its program to advance technologies that address the interconnection of food, water and energy. Read More »

WASHINGTON - With several storms developing in the Atlantic and the potential for Florence to impact the mid-Atlantic, the Property Casualty Insurers Association of America (PCI) today urges those along the East Coast to take steps now to prepare. Read More »