NAFCU is pressing its case with the Federal Trade Commission this week to grant federal credit unions an exemption from premerger notification and related fees under the Hart-Scott-Rodino act.
Interchange remains the topic du jour. Many pieces of this issue are puzzling, not the least of which is the process in which it came about. Namely, there wasn't one.
The FTC just came out with disclosure regulations regarding private deposit insurance-more than two years after the financial crisis started and 20 years after the original law.
Credit unions and other financial institutions that lack federal insurance must disclose that fact in their branches, their advertising and periodic statements, according to final rules approved today by the Federal Trade Commission.
Free credit reports and scores to qualifying users of a CUSO's loan rate-matching service allows credit unions to "wear the white hat" when it comes to offering free credit reports, the company's president said.
A New York CUSO is offering free credit reports and scores to qualifying users of its loan-rate matching service.
Marketing changes, including new signage and ad material, were being readied this week for the April 1 startup of the newly branded $1.5 billion Lake Trust Credit Union of Lansing, Mich.
The credit union merger scene appears to be in a funk as 2010 gets under way.