The Credit Union Foundation of Maryland and DC plans to expand its Millionaire’s Club financial literacy effort into four more high schools this year.
Spokane, Wash.-based CU Strategic Planning won more money for credit unions than any other team of grant writers did, the firm said.
Appropriations Committee approves 2013 bill that maintains 2012 funding for Community Development Revolving Loan Fund, full CLF borrowing authority.
Agency seeking comment on disclosures while moving toward added protections.
Treasury Department planning to sell or restructure bailout loans to small banks to recover taxpayer money.
FHFA said it has postponed but not killed idea of principal of forgiveness for Fannie and Freddie loans.
At a time when credit unions are fighting to expand their business lending authority, banks continue to reap the benefits of a small business lending fund.
Clifford Rosenthal, CEO of the National Federation of Community Development Credit Unions, is leaving the federation to take a position with the Consumer Financial Protection Bureau.
Senate Banking chair wants to know if examination procedures are hurting the ability of small financial institutions to do responsible lending.
Consumer Financial Protection Bureau Director Richard Cordray said his agency is discussing how best to proceed on additional regulations concerning overdraft protection and other checking account disclosures. The CFPB could issue proposed rules later this year.