Third-quarter figures for federally insured credit unions last week were welcome news and the result of a lot of hard work by credit union professionals around the country. Certainly not a gift, though we all appreciate those (iPad2, please), but something to savor because you’ve earned it.
Credit unions and consumers deserve the gift that keeps on giving – burgeoning membership and expanded services, including small business lending.
NAFCU, CUNA leaders tabbed as top lobbyists by The Hill.
The longstanding dispute over credit card fees and payment practices appeared to come to a close last week when the U.S. District Court for the Eastern District of New York announced a preliminary settlement in a dispute between retailers, the major card brands and at least nine major card issuers.
Reaction to settlement of longstanding credit card anti-trust suit.
NAFCU, ABA react to FHFA director comments about considering principal forgiveness for some underwater loans at Fannie Mae and Freddie Mac.
Trade group engages in ad fight with banking counterparts.
If a House bill backed by the American Bankers Association in a new package of legislation designed to help small businesses create more jobs gives credit unions expanded lending authority, the banking trade group has vowed to pull back its support.
Frank Keating, president/CEO of the ABA, said the group will do what it takes to keep new small business legislation from moving forward.
CUNA's Cheney, NAFCU's Berger and Thaler, and bank industry counterparts all on list.