Debit card issuers with more than $10 billion in assets can charge a one-cent fraud-prevention adjustment as of Oct. 1, but not most credit unions.
Four years ago, our nation was thrown into the deepest economic morass since the Great Depression. No question, the situation was dire. People lost their jobs and their homes. Banks and companies closed. Government officials scrambled to help bolster our fragile economy.
According to a Monday release, Rep. Ron Paul’s (R-Texas) Audit the Fed bill is expected to receive a House floor vote later this month.
NCUA Chairman Debbie Matz was named as a defendant in a lawsuit that challenges the constitutionality of the Consumer Financial Protection Bureau.
Plaintiffs challenge creation of CFPB and FSOC, Cordray's appointment.
Competitive loan pricing and a decline in loan delinquencies have helped create more demand for commercial real estate loans.
Rule called unfair to non-working spouses to undergo scrutiny.
Over the past week or so, the word “billion” has come up several times in industry talk on member business lending. The first billion–make that nearly $12 billion–is the record number of member business loans that credit unions funded in 2011, setting a new record high based on fourth-quarter data from...
The Consumer Financial Protection Bureau has outlined rules under consideration that would change the way institutions charge mortgage points and fees.
Fed says most credit unions didn’t experience a drop in interchange income immediately after the Durbin Amendment went into effect last fall.