Sponsoring local football teams is a long-standing annual tradition for many credit unions. Here's a look at a diverse group of seven.
President Obama circumvented Senate Republicans and made a recess appointment of Richard Cordray to run the Consumer Financial Protection Bureau. In making the appointment he explained that we “shouldn’t be weakening oversight and accountability, we should be strengthening it–especially when it comes to looking out for families."
President does end around of GOP blockade of appointment; Cheney says move "holds ramifications" for credit unions.
Four state leagues–California, Texas, Georgia and Ohio–have organized a new Dallas firm, CU Partner Link, to develop new state-of-the-art products and services for member CUs concerned over lost income.