CUNA is leading a “Don’t Take Tax My Credit Union” national online rally with focus on delivering the ‘Don’t Tax’ message to Washington.
Personal loans still offer niche, participants say, and a way to serve members while competing with payday lenders.
Floods, rain, hail and wind were the major drivers of damage and destruction in August 2013, says Aon’s latest global catastrophe recap report.
This preview from our Aug. 28 print edition looks at what may be a shrinking credit union market for $600 and under loans.
Despite the apparent financial pain to cover the underwriting costs of small loans under $600, some credit unions still feel there is a segment of their membership that rely on this type of financing. Others don't.
A lawsuit that challenged the authority of Dodd-Frank to regulate the financial services industry was dismissed Aug. 1 in Washington, D.C. in U.S. District Court.
Community banks but not credit unions win specific mention in regulatory relief bills, but they still would help.
Had the suit succeeded, the CFPB and its mandates to date would most likely have been rendered null and void.
This preview from next week's print edition looks at what credit union lobbyists win, or don't win, on Capitol Hill.
Federally chartered credit unions in nine states will move from one NCUA Region to another in 2014, the agency said Thursday.