Regulatory Alerts2025-02-07
Added · Updated
Bulletin 3181 - February 7, 2025
The Commissioner approved the merger of C S P Employee Federal Credit Union into America’s First Network Credit Union and the conversion of Healthcare Financial Federal Credit Union to a Connecticut credit union. Consent orders were entered into with Century Debt Solutions, Inc., Growella Inc, Digital Access, LLC, and Cake Mortgage Corp. to resolve allegations of unlicensed activity, deceptive advertising, and unfair practices. The orders require the payment of civil penalties totaling $80,000, $10,000, $10,000, and $50,000 respectively, along with $800 in back licensing fees and $49,400 in restitution.
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