ABA CEO testifies to Senate banking panel Thursday; NAFCU's Dan Berger warns panel by letter of peril to economic recovery.
NASHVILLE, Tenn. — Are credit unions losing their souls?
Retailers, issuers to face off again in court Tuesday over interchange rate.
ABA economist says supplemental capital bid "another attempt by credit unions to be more like banks."
Now comes the hard part. As tumultuous as the House subcommittee hearing on raising the cap on member business lending was, the really difficult battle will take place in the months ahead.
WASHINGTON — While the topic was ostensibly a bill to raise the cap on credit union member business lending, credit unions and banks sparred over a range of subjects at an Oct. 12 House subcommittee hearing.
CUNA's Cheney, NAFCU's Berger and Thaler, and bank industry counterparts all on list.
House subcommittee hears both sides of debate over raising the member business lending cap for credit unions.
House subcommittee hearing on proposed lifting of MBL cap set for Wednesday.
WASHINGTON — NCUA Chairman Debbie Matz told a panel of skeptical senators that raising the cap on member business loans would actually improve credit unions’ risk environment while creating more jobs.