Skip to content

Top Stories

04/01/2025

NCUA prohibits six from participation in depository institutions

The NCUA has announced it issued four consent orders and two prohibition notices in March 2025 to individuals who are now prohibited from participating in the affairs of any federally insured depository institution. The orders and notices were issued against:

  • Lindsay Risinger, a former employee of Barton Plan Employees Federal Credit Union in Luling, Louisiana
  • Stephen Hopkins, a former employee of HealthPlus Federal Credit Union in Jackson, Mississippi
  • Edward Nurse, a former employee of Park Side Financial Credit Union in Whitefish, Montana
  • Nadaje Hendrix, a former employee of Hanscom Federal Credit Union in Middlesex, Massachusetts
  • Jovan Eric Bell, a former employee of Navy Federal Credit Union in Vienna, Virginia
  • Jalen Craig McMillan, a former employee of Navy Federal Credit Union in Vienna, Virginia

04/01/2025

CFPB signals intent to revoke Buy Now, Pay Later interpretive rule

The CFPB has stated it plans to revoke its "Use of Digital User Accounts to Access Buy Now, Pay Later Loans" interpretive rule [89 FR 47068, May 31, 2024] in a Status Report and Joint Motion to Stay in Financial Technology Association v. Consumer Financial Protect Bureau in the U.S. District Court for the District of Columbia.

Pages

Training View All

Penalties View All

Search Top Stories