Major mortgage lenders appear to be continuing their strategic retreat from the U.S. housing finance market, leaving credit unions with a significant opportunity that they may not be willing or able to take.
New agency would merge functions of SBA, Office of Trade Representative, Export-Import Bank, others.
President Obama plans to name former Ohio Attorney General Richard Cordray the director of the Consumer Financial Protection Bureau.
This year saw a regulation capping the interchange card issuers were able to earn on a debit card transaction come into effect for the first time in history.
Targets include 17,000 cards at Romanian bank.
More small merchants seen seeking cash instead of cards.
While credit unions are often asking Congress to do something, when it comes to taxation no news is good news.
SAFE CU reported as holder of accounts, said to have alerted authorities.
Former St. Paul Croatian FCU President/CEO Anthony Raguz, whose actions helped trigger one of the largest credit union failures in history, pleaded guilty on Sept. 29 to six criminal counts, including bank fraud, money laundering and bank bribery in federal court in Cleveland.
Former executive guilty for theft that led to CU failure.