"So if you walk into a bank, or walk into a credit union or you walk into a big bank or you walk into an independent mortgage broker or you go to an independent mortgage company you get the same simple mortgage disclosure, so consumers can understand what they're getting."

-Assistant Treasury Secretary Michael Barr explaining to a House subcommittee how the proposed Consumer Financial Protection would create uniform standards on financial products.

Member feedback was consistent regardless of [the credit union's] size. Most want really good home banking and accessibility. Obviously, you have some credit unions that have issues they have to deal with but most [members] said they want good home banking and accessibility.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.