As drought-stricken businesses across the country are in dire need of assistance, the Obama administration asked the regulators to find ways to provide aid. The NCUA responded by informing 1,003 credit unions of their eligibility for low-income designation and allowing them to opt-in rather than slogging through paperwork.
Advantis Credit Union chief among CEOs preparing for September meeting of Fed's community banking panel for western states.
Lobbyists working on small business package that would combine credit union member business lending cap hike and bankers' TAG extension.
ICBA sends letter to Congress seeking extension of FDIC TAG insurance beyond Dec. 31 deadlines, cites concerns about concentrating assets.
The bank lobby took the opportunity Friday to point to a credit union failure as a reason to keep the current MBL cap.
Treasury Department planning to sell or restructure bailout loans to small banks to recover taxpayer money.
Report cites non-performing assets and says nearly half of community banks in TARP program are not current on their own paybacks.
Callahan & Associates named Omaha businessman Sean Hession as the new president/CEO of the analytical services and data provider. And the firm said it is “transitioning ownership of the company to its management team.”