Credit unions began as a revolutionary idea of people helping people by pooling together resources and encouraging self-help. Today, credit unions are the leaders of the cooperative industry in assets, income, wages, employees and other significant categories.
Treasury's Small Business Lending Fund disburses $608 million.
Community bankers also ask President Obama to consider taxing billion-dollar credit unions.
More entrepreneurs are expressing their irritation with the credit union member business lending cap
Gov. Pat Quinn signs measure into law; Chicago-area CUs getting the first crack at taking in municipal deposits.
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Fed vote on interchange today kicks wait-and-see into high gear for credit unions.
Less than four months into her tenure as chairman of the House subcommittee with primary jurisdiction over credit unions and other financial institutions, Rep. Shelley Moore Capito (R-W.Va.) has already tackled a wide range of issues.
It could seem that a Michigan credit union went out on a limb when it became the first CU user of a core processing platform for banks.
An expert in consumer behavior with checking accounts and debit cards has predicted that a proposed cap on debit interchange might, in the end, lead to more debit card transactions.