If money really does talk, then CUNA and NAFCU have been doing the financial equivalent of vocal exercises. The political action committees of both groups each ended last year with six-figure amounts in their coffers, as they gear up for an election year that features a large number of competitive races...
Saying that credit unions and small banks “had very little, really nothing to do with causing the financial crisis,” Consumer Financial Protection Bureau Director Richard Cordray renewed his commitment to ensure that they don’t face unnecessary additional regulatory burdens.
CUNA, NAFCU spread donations across parties, chambers.
CFPB director testifies Tuesday at Senate Banking Committee hearing.
Deciding whether to have a tummy tuck or not would most likely not be on the list of priorities for most consumers given the economic doldrums of the last few years.
CU*Answers has rolled out a new core processing platform aimed at vendors and CUSOs that use multiple core platforms to service specialized member products, the Grand Rapids, Mich., CUSO said.
A South Dakota credit union and its mortgage lending arm are the first users of a new core processing platform from CU*Answers.
For the past few years, advocates have continued to push for increasing the member business lending cap, and 2011 saw more of the same efforts.
With Bank Transfer Day as a backdrop, credit unions in western South Dakota managed to gain some high level attention recently by becoming prime participants in the “Bank on Rapid City” venture that is designed to warn against predatory payday lending.
The Consumer Financial Protection Bureau remains officially leaderless.