Credit unions take a reserved approach as the CFPB releases its initial payday lending guidelines.
Research shows NSF, courtesy pay and overdraft fees provide 40% of credit union fee income.
Proposed amendment would establish a reserve fund to help cover disproportionate regulatory burdens on CUs.
CUNA's Jim Nussle thanks Sen. Harry Reid for his support of credit unions.
Trades say the bill lacks a provision for retailer financial liability.
House Financial Services Committee gives the green light on a group of bills.
The bureau's initial proposal is based on NCUA payday lending reg.
Credit union regulatory relief bills scheduled for markup, including one that simplifies privacy notification requirements.
Founder Mike Welch offers advice to national groups in his first CU Times column.
How much have the credit union challenges changed in 25 years?