Umpqua Bank Files Class Action Lawsuit Against Target; Survey Asks Whether Retailer Should be Held Liable for Losses Incurred by Credit Unions and Banks

A new Portland Business Journal survey asks readers to weigh in on who should bear the financial responsibility for data-breach losses at Target and other retailers. The poll comes on the heels of a class action lawsuit filed by Umpqua Bank against the nationwide chain.

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.