THE news

WASHINGTON–The Justice Department’s announcement that it will join with the CFPB in an appeal to the U.S. Supreme Court that argues its  leadership structure is a violation of the Constitution is being blasted by at least one consumer group.

TALLAHASSEE, Fla.–First Commerce Credit Union said it is buying The Citizens Bank in Nashville, Ga. The bank is located approximately 90 miles from FCCU’s headquarters, but has branches in Southwest Georgia that are closer.

NEW YORK–Federal prosecutors in Manhattan have opened an investigation into possible lending fraud in the New York City taxi industry, and a number of now-defunct credit unions are expected to be involved.

WASHINGTON—Congress has until Sept. 30 to pass the National Defense Authorization Act (NDAA) for fiscal year 2020 and both credit union associations are now back on the Hill lobbying to have language eliminated that would give banks equal access to military bases as credit unions.