The Texas Credit Union League is rolling out this week a series of "Congressional Thank You Ads" recognizing lawmakers who support the industry position on a range of issues from business lending to card interchange.
CUNA CEO Bill Cheney wrote a piece that has appeared in the Aug. 12 Huffington Post attacking banks for holding back the the MBL bill.
A controversial study from researchers affiliated with the Federal Reserve Bank of Boston suggests that lower income consumers who generally use more cash and debit cards subsidize the credit card use and rewards of wealthier consumers.
Given the economic climate over the last two to three years, a number of credit unions have had to seriously consider laying off employees, and some have actually done so. But for many credit unions, layoffs are a last resort.
A new report from the National Consumer Law Center suggests that the push to have more social security benefits deposited directly in recipients accounts has made those recipients vulnerable to payday lending.
When Wachovia Bank agreed to a settlement with the U.S. government, it became the financial institution with the unfortunate distinction of having paid the largest penalty, $160 million, for a violation of the Bank Secrecy Act.
Credit unions can develop customized versions of a model consumer privacy notice by using the Online Form Builder released today by the Federal Reserve, in conjunction with the NCUA and other regulatory agencies.
Touting a victory over "an army of lobbyists," President Obama today signed legislation that would take some of the student loan business away from credit unions and banks.
Just a few weeks into his new job as vice president of mortgage lending for the $1.3 billion Community First Credit Union,
Despite alleging different crimes, the three lawsuits targeting seized corporate credit unions have one thing in common: defendants are arguing plaintiffs don't have the right to sue because the charges are so-called "derivative claims."