Two bank lobby groups strongly advocated last week for its elimination and Congress begins writing tax reform legislation.
St. Louis central bank researchers discovered similar growth patterns despite "the often-heated rhetoric of competing advocates."
Banker opposition to NCUA’s LICU program is ludicrous. Why do I call it ludicrous? Because their opposition would have to step up several notches on the reasonableness scale to even come close to their normal anti-credit union position of hypocritical.
“It has never been about the power or mission of the credit union,” CUNA chief pens panel leaders in reply to ABA testimony.
ORNL Federal Credit Union in Oak Ridge, Tenn., will be offering brokerage and investment services through INVEST Financial Corp. of Tampa, Fla.
The bank lobby took the opportunity Friday to point to a credit union failure as a reason to keep the current MBL cap.
CUNA Chief Economist Bill Hampel has responded to a Fitch Wire article critical of raising the credit union member business lending cap that read like it came straight off a banker lobbyist talking points list.
Credit rater's article follows ABA script.
Independent Community Bankers of America also vow to fight raising of member business lending cap.
Some Iowa credit unions have thrown their support behind legislation that would allow financial institutions to conduct savings promotion raffles in the Hawkeye state.