The credit union industry continues to focus on two generations that have little lending potential: boomers and Gen Y.
More than 800 credit unions have signed up as low-income credit unions in the year since the NCUA launched its ongoing LICU initiative.
Richard Cordray was confirmed as director of the Consumer Financial Protection Bureau July 16, after Senate Democrats and Republicans successfully negotiated a deal that includes other pending nominees and will keep filibuster rules in place.
The Senate Banking Committee has scheduled a July 16 closed session to vote on six nominees, including NCUA Board hopeful Richard Metsger.
More than 80% of small business loans made by SBLF participants were made in amounts of $250,000 or less, according to the Treasury Department.
Researchers claim 30 million Americans will still be uninsured come 2016.
As Oct. 1 nears, CNN/ORC International poll finds 54% of Americans oppose the Patient Protection and Affordable Care Act, while 43% support it.
That’s the latest word from roughly 1,000 employers surveyed by the International Foundation of Employee Benefit Plans.
Last week Credit Union Times, via CUTimes.com, broke the story that former Oregon Senator Rick Metsger was going to the be the White House’s nominee to fill the vacant seat on the NCUA Board, later confirmed by the administration.
If recent history is any indicator, nomination to the NCUA Board is no assurance of joining the NCUA Board, at least not quickly.