NAFCU, ABA react to FHFA director comments about considering principal forgiveness for some underwater loans at Fannie Mae and Freddie Mac.
Despite the threat of a new banker Super PAC, CUNA says it has no plans to create a similar campaign fundraising mechanism for credit unions.
I discovered that Credit Union Times’ coverage of Telesis Credit Union’s conservatorship and the actions leading up to it were being used against credit unions’ efforts to expand the member business lending cap from 12.25% of assets to 27.5%.
When the CEO of Home Depot was dumped in 2007, he walked away with a $210 million severance package, a pay-for-failure approach that drew disparaging headlines and a barrage of criticism.
Legislation that would raise the cap on credit unions' business loans to members is poised for a mid-April showdown in the Senate.
Credit Union Times Editor-in-Chief Sarah Snell Cooke calls on Congress to expand member business lending authority and unleash jobs growth.
Bankers lobby asks its members to write senators to oppose latest version of Senate bill to raise member business lending cap.
ABA says banks have added more than $180 billion in business loans in the past 18 months, financing more than 20 million small business loans.
Trade group engages in ad fight with banking counterparts.
Payment to David Maus at $1.1 billion Public Service Employees CU in Denver represented retirement payout, credit union says.