Peer-to-peer lending is growing at an average pace of 84% a quarter.
Despite no measurable economic improvement, the FOMC says it will slow asset purchases to control inflation. Rates may rise sooner than expected.
Credit union trade associations make two fresh moves on Capitol Hill.
If amendment is added to Senate TRIA bill, a community banker would join the Federal Reserve Board.
Read some credit union suggestions made to the Federal Reserve Bank regarding how it could improve its payments system.
After nine months of uncertainty regarding the minimum number of required debit networks and other details, the Fed's rule will not change.
"While there has been substantial job creation, we have further to go," new Fed chairwoman tells House Financial Services Committee.
$189M credit union in Georgia provides Federal Reserve and university experts on local, state and national economies to benefit local businesses.
Credit unions and the NCUA share balance sheet strategies to counter inevitable rate increases.
Credit unions and examiners often disagree on how to manage interest rate risk.