After almost 10 years covering credit union news, sometimes it seems the same topics come up over and over. Not this week, as new industry issues graced the front page of our paper.
Washington shutdown, risk-based capital, financial advisers all new topics of interest this week.
Biz2Credit, a New York company that connects small business with lenders, discovered that scenario during its recent monthly analysis of 1,000 loan applications.
A bill passed Oct. 5 by the House of Representatives that would grant back pay to furloughed federal employees in the government shutdown stalled in the Senate. As of Oct. 10, the Democratic-controlled Senate had yet to vote on the bill, which passed 407-0 in the Republican-controlled House.
Analysis shows Republican-leaning states particularly affected in areas of home purchasing and student lending.
Service CU says more than 1,400 DOD civilian employee members have been credited with direct deposits. Justice FCU lends nearly $8 million.
ABA CEO testifies to Senate banking panel Thursday; NAFCU's Dan Berger warns panel by letter of peril to economic recovery.
Study finds that a federal debt default would force investor confidence to a new low.
A bill passed by the House that would grant back pay to furloughed federal employees in the government shutdown has stalled in the Senate.
Private mortgage insurers have been alerting clients and potential clients they will insure loans whose closing have been delayed by federal shutdown.