Democratic presidential nominee Hillary Clinton pledged this week to bolster the CFPB and move to ban binding arbitration clauses in contracts, saying that the Wells Fargo scandal, as well as other debacles, demonstrates the need [...]
First of all, from my experience working with leaders in the CU community, I have to say that it’s a lot less likely to happen to you! The CU people I work with are [...]
As they blasted Wells Fargo CEO John Stumpf for his bank’s unfolding financial scandal, members of the House Financial Services Committee said Thursday they have expanded their probe to include financial regulators and possibly [...]
Recent admissions by Wells Fargo Bank employees that they were opening un-authorized accounts, committing fraud and invasion of privacy on their customers has rocked the financial services world leading to congressional and department of justice [...]
Except that millions of Americans are second guessing their decision to bank with Wells Fargo, not much has changed since the Consumer Financial Protection Bureau announced the massive fake accounts scam perpetrated by Wells Fargo [...]
“You know taxes are illegal, right? It’s just modern day slavery,” the young man earnestly told his dad, as I eavesdropped from my neighboring booth in a local diner on Saturday morning. Fifty years [...]
NAFCU this week will closely monitor two House Financial Services Committee hearings, one on Wells Fargo’s creation of more than 2 million unauthorized accounts and another on Federal Reserve Chair Janet Yellen’s testimony [...]
After five senators called for his removal. Wells Fargo CEO John Stumpf is no longer an advisor to the Federal Reserve. On Thursday, Stumpf handed his resignation into the Federal Advisory Council, a group of [...]
The House Financial Services Committee plans to hold a hearing Sept. 29 on Wells Fargo’s creation of more than 1.5 million unauthorized consumer deposit accounts and 500,000-plus credit card accounts. Wells Fargo [...]
My mother would occasionally tell my father that he was never right. His response was that even a broken clock was right twice a day. The Consumer Financial Protection Bureau (CFPB), in the minds of [...]
With the wheels coming off the proverbial Wells Fargo Bank stagecoach after its massive fraud fiasco surfaced, does it open marketing opportunities for credit unions? That’s a key question marketers are debating. Some say [...]
The fact is, bad actors and criminals can weasel their way into any profession, company or financial institution. Yes, even credit unions. That's why it's so incredibly important that credit union leaders continue to talk [...]
NAFCU President and CEO Dan Berger, in Bloomberg this week, touted the credit union difference in a discussion of the recent Wells Fargo scandal, citing issues with the bank’s corporate culture and the benefits [...]
Wells Fargo. We've read the headlines, and many of you have read NAFCU President and CEO Dan Berger's thoughts on the issue. At the end of the day, we have a wonderful opportunity to show [...]
Who loves ya, baby? Appreciation is vital to success. You gotta have it, but it’s not always easy to obtain or keep. So who do Americans love the most? According to a recent Gallup [...]
