The first female chairman of the Federal Reserve was easily confirmed in the Senate by a 59-26 vote.
NAFCU general counsel Carrie Hunt says she still sees "negative downstream effect" in proposed changes to qualified residential mortgage rules.
Proposed rule adds some exemptions to Dodd-Frank requirements set to take effect next January.
Credit Union Economics Group meets with Federal Reserve officials for 11th year.
Unstable home values, job insecurity and volatile stock market fears may be more of a concern for some members than what the rates are at their credit unions.
FOMC maintains low levels for federal funds rate at 0% to .25%.
The Federal Reserve’s Open Market Committee announced Wednesday it will keep the target range for the federal funds rate at 0% to 0.25%.
Retail associations are celebrating what they are calling a year since their legislative victory in the battle over the Durbin amendment by asserting that none of amendment opponents' dire predictions have come true.
A temporary Federal Reserve program is quietly providing a cushion to corporate credit unions as they attempt to raise capital from members to meet NCUA regulatory requirements.
A temporary Federal Reserve program has quietly reduced the amount of capital credit unions have had to pledge so corporates can meet NCUA requirements.