Florida's Office of Financial Regulation has placed Alliance Credit Union of Florida into conservatorship, appointing the National Credit Union Administration (NCUA) as conservator.
National Credit Union Administration Chairman Todd M. Harper issued a statement regarding the Consumer Financial Protection Bureau's (CFPB) settlement with Navy Federal Credit Union.
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against an individual and an entity linked to a corrupt network in Bosnia and Herzegovina (BiH).
Worldpac, Inc. has completed its acquisition by Carlyle, a global investment firm, from Advance Auto Parts, Inc. This strategic move is expected to position Worldpac for growth and innovation.