The bankers talk out of both sides of their mouths. As they endeavor to keep credit unions from expanding their business lending powers and reforming their 1930s capital structure, they also want to embody credit unions. Imitation is the sincerest form of flattery.
Banks are being two-faced by trying to rein in credit unions while acting like them.
FDIC to probe bank payday loans in response to a petition signed by 250 consumer rights advocates critical of a Fiserv lending software program.
Major mortgage lenders appear to be continuing their strategic retreat from the U.S. housing finance market, leaving credit unions with a significant opportunity that they may not be willing or able to take.
Follow BofA? J.P. Morgan Chase says no way.
Dayton Firefighters enters agent issuing program as part of the sale.
Some members of the $522 million National Institutes of Health Federal Credit Union have been told the interest rates going forward on their NIHFCU branded credit cards are going up.
A $600 million credit union that has been with FIA Card Services ended an agent-issuing card relationship with that organization and is launching an agent-issuing program with Elan Financial Services.
A $600 million credit union has ended an agent issuing card relationship with FIA Card Services and is launching an agent issuing program with Elan Financial Services.
In what has become a relatively rare move, a Washington area credit union has sold its credit card portfolio to an agent-issuing bank.