Members of Pennsylvania Credit Unions whose credit unions offer Better Choice loans have saved more than $12 million in fees since the program began in 2006.
Credit union attorneys were being warned Thursday to prepare their clients for much tougher scrutiny from examiners on loan portfolios, performance ratios and much more given the negative economic climate.
The Missouri Credit Union Association joined its Pennsylvania peer in formally expressing angst over recent NCUA policies.
Cognizant of the industry's earnings squeeze, the Pennsylvania Credit Union Association is surveying its members this month about continued support for the iBelong awareness ad campaign in 2011.
The Pennsylvania Credit Union Association has formally added its voice to the industry chorus complaining about the NCUA assessment schedule urging the agency to use its legal discretionary power to spread out the expense.
The Pennsylvania Credit Union Association formally complained this week about the NCUA's assessment schedule urging the agency to use its discretionary power to spread out the assessments over the maximum period of time allowed by law.
The economy may be struggling, but the summer series of big credit union conferences upcoming in Las Vegas and Chicago seems to be wooing good crowds even though many participants are on tight travel budgets.
The industry furor over the interchange amendment passed by the Senate and sponsored by Majority Whip Richard Durbin (D-Ill.), marked by a no-holds-barred grassroots campaign,
CUNA and state leagues said last week their massive lobbying effort to oppose the Durbin interchange amendment triggered an estimated 35,000 letters and e-mail messages to U.S. senators, but that was apparently dwarfed by retailers' counter campaign.
The industry's massive lobbying effort this week to oppose Sen. Durbin's interchange amendment triggered an estimated 35,000 letters and e-mail messages to U.S. senators but that was apparently dwarfed by retailers' counter campaign.