Tom Nix, who sold his family financial services business to Kinecta FCU in 2007, shares details on the deal and his eventual departure.
In a new tell-all book, the former owner of Nix Check Cashing details his experience with Kinecta Federal Credit Union.
Agency letter promises to find out if five credit unions are staying within NCUA interest rate ceiling.
Two long-term opponents of payday lending said that nine federal credit unions in five states continue to offer members payday loans with triple-digit interest rates.
XtraCash says it and its clients exceed bar set by payday lenders and if forced to meet NCUA standards, the credit unions couldn't do it.