Community banks but not credit unions win specific mention in regulatory relief bills, but they still would help.
This preview from next week's print edition looks at what credit union lobbyists win, or don't win, on Capitol Hill.
Credit unions are establishing phone hotlines, educational workshops, special loan programs, savings options and reduced fees.
Air Force FCU was at the top of the list, followed in order by USAA Bank, PenFed, Navy Federal and Armed Forces Bank.
Last week, 700,000 Department of Defense civilian employees began taking once-a-week furlough days that will cut their pay by roughly 15%. How will the temporary pay cuts affect credit unions?
Almost a year to the date since Navy Federal Credit Union launched its commercial participation loan program, the country’s largest cooperative said it is ready for changes mandated by an NCUA rule even after the regulator recently extended a compliance deadline.
This preview from our July 17 print edition takes a look at the NCUA's new loan participation rule.
Data show slow growth for banks and some record volume in credit union space.
The credit union will give away $20 loyalty cards for users to patronize local shops in a Norfolk, Va., neighborhood.
The $54 billion credit union said $2.3 billion of its record $3.1 billion in consumer loan originations so far in 2013 are auto loans.