Credit union advances one more step toward what is becoming a trend: credit unions buying banks.
Herb Yolles will be succeeded by associate regional director for Atlanta-based region, Myra Toeppe.
Kansas-based third-party originator adds wholesale and mini-correspondent programs.
President/CEO Pete Pritts announced some major changes at the $2.2 billion Corporate America Credit Union in a July 18 letter to members obtained by Credit Union Times. Since taking the helm of the Irondale, Ala.-based corporate in November 2012, Pritts has put together an almost entirely new senior and middle...
Managers shuffled, staff reduced, balance sheet revamped and new fee structure coming for Alabama-based corporate.
A housing finance reform bill unveiled by House Republicans July 11 would wind down Fannie Mae and Freddie Mac and also contains a number of regulatory relief provisions, including tweaks to the CFPB’s qualified mortgage rule and exam reform.
The Massachusetts Democrat sent Sallie Mae President/CEO Jack Remondi a letter that compared the lender’s use of FHLB funds to how big banks benefitted from TARP funds.
Sallie Mae chief responds to criticism earlier this week from Sen. Elizabeth Warren (D-Mass.)
Trade lobbyist says member business lending cap would be too controversial to be in California congressman's bill expected to drop this week.
Measure would allow credit unions to utilize uninsured, non-share accounts to supplement capital.