The banking industry’s longstanding effort to deter or prevent credit unions from using the words “bank” and “banking” in advertising was advanced to a new plateau last week with a proposed cease and desist order placed by the state’s top regulator on the $600 million Vermont State Employees Credit Union.
Credit union hit with banker-backed state order to quit using "banking" in ads and marketing.
CUNA, NASCUS, CUNA Mutual Group and AACUL ask IRS to make sure not to repeat last year's kerfuffle.
Possible Fannie Mae, Freddie Mac write-downs could in fact help credit unions by forcing losses onto holders of first liens.
NAFCU, ABA react to FHFA director comments about considering principal forgiveness for some underwater loans at Fannie Mae and Freddie Mac.
Some state-chartered credit unions have been told by the Internal Revenue Service that they are no longer tax exempt because the IRS hadn’t received their 990 forms.
Agency says not filing forms threatens tax-exempt status for some state-chartered CUs.
SAN ANTONIO — The NCUA and other regulators are over regulating to prevent another financial crisis, and CUNA is trying to push back to give credit unions more autonomy. That was the message of CUNA's top executives during a panel discussion at America's Credit Union Conference.
Regulators are overregulating, according to top CUNA executives at its annual conference, who say they're trying to strike a balance.
CUNA, NAFCU and NASCUS rewarded their leaders’ stewardship through challenging times last year.