New Legislation Advancing to Combat ATM Fee Lawsuits

Just as North Coast Credit Union has become the latest target of an opportunistic class-action suit regarding ATM fee notices, legislation has been introduced in Congress that could help put an end to these frivolous and potentially costly lawsuits.

Catalyst Chosen to Assume WesCorp Assets

The NCUA has chosen Catalyst Corporate FCU to assume the assets of Western Bridge Corporate FCU. Formed by the merger of Georgia Corporate FCU and Southwest Bridge Corporate FCU, Catalyst achieved well-capitalized status earlier this month.