How Lender Liability Losses Turn Into Class Action Lawsuits

With lender liability lawsuits on the rise, credit unions could be at risk for class action lawsuits. Our Strategic Link business partner, the CUNA Mutual Group, details the three most common flaws leading to legal liability.

Umpqua Bank Sued for Overdraft Fee Assessments

A lawsuit filed this week alleges that Umpqua Bank used unfair practices to assess overdraft fees, giving credit unions cause to take a second look at their own fee assessment procedures.