The banking lobby has drawn what it hopes is a powerful sword in its crusade against an increase in the member business lending cap: taxes.
ICBA, ABA letter restates opposition to S. 2231, says "silent majorit"' of credit unions oppose raising MBL cap and again calling it a "power grab."
Most consumers want important transactions paid by their financial institution even if those transactions result in an overdraft, survey shows.
Despite a raging battle over member business lending, credit union and bank trade associations agree on four House bills that address cyber security.
Bankers head to Hill to lobby
I'm writing in response to the letter, "CU's Fundamental Injustice" by Paul G. Merski, executive vice president, Independent Community Bankers of America, in April 11 issue.
The Independent Community Bankers of America patted themselves on the back Thursday for a legislative victory that results in an invitation to the Rose Garden, while credit unions were shut out.
Community banks trade group includes focus on credit union tax exemption,
WASHINGTON — If banks are getting regulatory relief credit unions deserve the same opportunity.
WASHINGTON, D.C. — If banks are getting regulatory relief credit unions deserve the same opportunity.