cuna

Steve

Home Depot Will Pay $25 Million To Banks, Credit Unions Over 2014 Data Breach

Home Depot’s legal battles over the massive 2014 data breach that saw millions of customers’ card accounts compromised may finally be nearing an end, with news that the home repair retailer has reached a deal that will pay $25 million to banks and credit unions who had to help mop up Home Depot’s mess. [More]

650,000 People Joined Credit Unions In Just The Last Month

650,000 People Joined Credit Unions In Just The Last Month

In the month following the announcement of Bank of America’s (subsequently scrapped) plan to charge a $5 fee to some of its debit card users, at least 650,000 Americans consumers have opened accounts at a credit union. According to some reports, that’s 50,000 more than the number of new accounts opened in all of 2010.

[More]