After a 15-year effort, and two cases lost in federal court, the IRS has apparently conceded defeat in the unrelated business income tax battle with credit unions.
Industry organizations tell credit unions door is open for seeking refunds after 15-year fight with feds.
The Consumer Financial Protection Bureau has issued a proposed rule and request for comment regarding a temporary delay in the June 1 effective date of a final rule provision that would prohibit the financing of credit insurance into a mortgage.
Provision was to take effect on June 1. CUNA has asked for extension until January.
New rules to prohibit charges related to single-premium credit insurance now banned by Dodd-Frank.
Crafting a noninterest income strategy is an excellent way for credit unions to boost their revenue, but turning members off by unwanted fees in the process can defeat the whole purpose. That’s the premise of a new report from Filene Research Institute in Madison, Wis. titled, “In Search of Member-Friendly...
Think firm cites importance of checking fees, GAP income but says don't lose focus on being member friendly.
Atlantic Financial Federal Credit Union now offers membership to employees of Transamerica Life & Protection. As a select employee group, Transamerica will offer AFFCU membership as part of its benefits package.
American Financial FCU's Inner Harbor branch is within walking distance to Transamerica employees in downtown Baltimore.
NASHVILLE, Tenn. — Two educational breakout sessions at NAFCU’s annual conference provided ideas to produce fee income that also increase membership value.