Prize-linked savings accounts produce ROI and are popular with members.
House Financial Services spokesman said committee would examine data security, but would not answer specific questions about Target.
Measure passes state Senate; would give state-chartered credit unions same powers as out-of-state credit unions doing business there.
Texas Republican Jeb Hensarling votes to stop NLRB activity and questions CFPB legality.
At a time when it’s difficult to convert deposits to loans, does it make sense to open the door to an additional flow of money into a credit union?
Credit union execs testify at House panel hearing.
Rep. Elijah Cummings (D-Md.) asks Rep. Darrell Issa (R-Calif.) to subpoena mortgage lenders and investigate alleged foreclosure abuses.
The House Banking Committee focused on oversight and trying to undo or modify some of President Obama’s initiatives while the Senate Banking Committee focused on less sweeping efforts in 2011.
A Wednesday House committee hearing on capital access must include CU business lending, CUNA has urged.
When the new Consumer Financial Protection Bureau begins operations on July 21 it will be a headless wonder, albeit one with lots of clout. At press time, President Obama hadn’t named a permanent director for the CFPB. However, that won’t prevent the bureau from issuing regulations and examining certain large...