ABA CEO testifies to Senate banking panel Thursday; NAFCU's Dan Berger warns panel by letter of peril to economic recovery.
House Financial Services chair opines on Fed nominee. NAFCU's Berger cites prior contacts with current Fed vice chair.
The suit against the $965 million Black Hills Federal Credit Union and CUNA Mutual alleging improper increases in credit life disability insurance rates was remanded Aug. 14 by the South Dakota Supreme Court back to a lower court to be tried as a class action suit.
Minnesota CUSO says correspondent and retail lending both showing payback improvements.
Payments processor Capital Services, known until recently as Capital Card Services, works with about 130 credit unions, and has been hidden behind a relationship with Fiserv. Now, it has begun offering its services under its own name.
Hampel will appear at first hearing on Senate GSE Reform legislation.
WASHINGTON — NCUA Board hopeful Richard Metsger’s nomination was unanimously approved Thursday morning by the Senate Banking Committee.
The upper chamber invoked cloture, which limits remaining debate to no more than eight hours, so the final vote is expected soon.
Honorees include 60-year movement veteran Marvel Ebenhahn.
During his June 27 confirmation hearing, NCUA Board nominee Richard Metsger dodged what might have been his most controversial question. Is raising the member business lending cap a good idea?