The interesting thing about level playing fields is that you sure hear a lot of people preaching and complaining about them; but, much like the Loch Ness monster, it’s hard to find anyone who has ever really seen one.
Big banks and super regionals moving away from areas with low to moderate population, SNL branching study finds.
Two bank lobby groups strongly advocated last week for its elimination and Congress begins writing tax reform legislation.
Reports of banks closing credit union correspondent relationships have extended to New York and New Jersey.
It's tempting to attempt to predict how many credit unions might try to jump to a bank charter in 2013. But that is hard to say. It's easier to observe some trends that came to the fore in 2012 and are likely to continue next year.
LAS VEGAS — Call the message from Neil Goldman’s California/Nevada Credit Union Leagues conference keynote a decidedly mixed bag.
I read in the issue Aug. 22 issue the letter, “Call for ‘Bank’ Entries,” [page 14] that Gregg Stockdale from 1st Valley initiated. I am in total agreement and have been for years.
Jim Adamczyk can remember receiving an increase in calls from banks interested in FAIRWINDS Credit Union’s auto loan portfolio. That was as recent as 2010, said Adamczyk, executive vice president of lending, for the $1.7 billion cooperative in Orlando, Fla.
An Internet trailblazer and former banking executive are the unusual pair behind the chartering and eventual launch of the newest federal credit union.
When it comes to auto loan portfolio acquisitions, some might see credit unions as the equivalent of little fish being circled in waters full of sharks–banks and other lenders.