MONTREAL – NAFCU opens membership to about 2,500 state chartered, federally insured credit unions.
MONTREAL – State lobbying will not play a role in NAFCU’s recent field of membership expansion.
Keep an eye on incremental changes and tweaks affecting patchwork of state regulations.
More than six weeks after nearly 3,300 members voted to change the cooperative's charter to a mutual bank, Monterey Credit Union has filed with the California Department of Business Oversight for that conversion.
Move comes more than a month after members voted for the bank conversion.
Private insurance could be an easy way out for credit unions wishing to become banks. But will the FDIC welcome them in?
Those who help credit unions turn into banks say business is picking up.
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...
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.