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By Heather Anderson |
May 10, 2012
The Consumer Financial Protection Bureau has outlined rules under consideration that would change the way institutions charge mortgage points and fees.
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By Heather Anderson |
May 1, 2012
Fed says most credit unions didn’t experience a drop in interchange income immediately after the Durbin Amendment went into effect last fall.
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By Heather Anderson |
April 29, 2012
Regulatory fallout from the housing crash, the Credit Card Act of 2009 and the new Consumer Financial Protection Bureau are making the daily duties of a loan officer look increasingly more like those of a compliance officer. Below are the most burdensome, difficult and confusing current regulations and proposed rules...
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By Heather Anderson |
April 25, 2012
The Federal Open Market Committee on Wednesday maintained the federal funds rate at a range of zero to 0.25%.
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By Heather Anderson |
April 24, 2012
NCUA says credit unions may now make contributions to qualified plans for loan originators out of a pool of profits derived from loans originated by employees.
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April 22, 2012
The former Rhode Island credit union, which converted to the $357 million Coastway Community Bank in 2009, is moving ahead with forming a mutual holding company, raising speculation it might eventually lead to a stock structure.
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By Michelle A. Samaad |
April 19, 2012
For the first time ever, the average savings balance at credit unions moved past the $9,000 mark.
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By Jim Rubenstein |
April 6, 2012
Rhode Island’s Coastway Community Bank, a former credit union, is moving ahead to form a mutual holding company to further expand its financial base.
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By Jim Rubenstein |
April 5, 2012
Insurance, investment conglomerate working way through regulatory approvals to spin bank off into Wisconsin credit union.
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By Staff Writer |
December 20, 2011
Fed rules would affect reserve requirements; trades also ask for changes in convenience transfer limitations.
