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FIRST ENTERTAINMENT CU
05/18/16 02:32 PM
First Entertainment CU
has announced the appointment of Frank Wasson as its new president and CEO. He will assume responsibilities on June 13, 2016, and will succeed Chuck Bruen, recipient of the Leo H. Shapiro Lifetime Achievement Award, who will remain as an executive consultant.
Click to view the latest Members in the News
From the Editors of CU Weekly
THE COST OF 'TCPA' NON-COMPLIANCE
08/11/14 01:44 PM
Challenges and Recommendations
Wells Fargo Bank: $950,000. JP Morgan Chase: $11.3 million. Bank of America: $32.1 million. Wells Fargo Home Mortgage: $17.1 million. Sallie Mae: $24.1 million.
These are just a sampling of class-action settlements seen in the last few years based on alleged violations of the Telephone Consumer Protection Act (TCPA).
With statutory penalties of $500 to$1,500 per violation (each call is treated as a separate violation), TCPA is quickly becoming the new favorite statute among class-action attorneys.
Click here to read the entire Legal column within the August/September edition of Credit Union Digest!