On April 10 the House Financial Services Committee has scheduled a hearing to focus on the regulatory burdens facing community financial institutions that will focus on credit unions.
In this Opinion piece, a First Data executive looks at how un- and underbanked consumers "can provide a unique opportunity for credit unions to grow their member base."
Staring down shrinking margins and the confusing moniker “credit union,” some have gotten creative with their fields of membership. This is not a particularly new phenomenon but one that has garnered attention from an L.A. blogger who was just looking for a credit union to join. She’s had a great...
Skeptics who saw the seeds of an eventual bank charter in the advent of American Express and Walmart had a change of heart and last week and announced that the jointly sponsored Bluebird prepaid card will carry FDIC deposit.
Wonder what drives Brandon Michaels’ desire to lead meaningful change? Look no further than his family. “I try to always do the right thing even if it’s not that popular,” said the president/CEO of Kansas City, Mo.-based $490 million Mazuma Credit Union.
Comptroller of Currency now heads joint regulatory council for two-year term.
Staring down shrinking margins and the confusing moniker “credit union,” some have gotten creative with their fields of membership.
CUNA, ABA has no comment so far, NAFCU approves of prepaid cards having FDIC, ICBA objects.
CUNA, NAFCU line up credit union CEOs for April 10 session with House Financial Services Committee.
Community bankers lobby says it's researching how to fight Wal-Mart/Amex prepaid card's move toward offering more banking services.