Student lending program specialist adds 75 credit union partners in past year.
Credit unions and community banks have traditionally stood as direct competitors, vying for the attention of similar types of consumers. But in the private student lending market, a fierce face-off between the two is not expected, several experts say.
It’s been nearly two years since the passage of the Dodd-Frank Wall Street Reform Act, which for the first time since the Great Depression allows interest to be paid on business checking accounts.
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Rep. Elijah Cummings (D-Md.) asks Rep. Darrell Issa (R-Calif.) to subpoena mortgage lenders and investigate alleged foreclosure abuses.
After experiencing a slight dip in 2010, credit unions are leading the pack when it comes to customer satisfaction, according to the American Customer Satisfaction Index.
A failed attempt to charge a monthly debit usage fee contributed to Bank of America being ranked last in a customer satisfaction index.
As CU's rise in the rankings, the nation's largest bank falls.
Bank of America alone is in danger of losing 10.3% of its retail customers over the next 12 months, study says.
For many credit unions, Bank of America’s failed attempt to charge a $5 monthly debit card usage fee sent their membership numbers up the charts.