News

Saying there is "more work to be done" in revamping the regulation of financial services and protecting consumers, Senate Banking Committee Chairman Christopher announced today that he will remain in that post.

Governments need to improve their communications, allow regulatory flexibility and delineate decision making authority during a possible flu pandemic. NAFCU Director of Regulatory Compliance Anthony Demangone told lawmakers today.

CO-OP Financial Services is the second payment processor serving credit unions to subscribe to CUNA Mutual Group's Claims Automation Service.

The pool of Americans who would qualify for prime or super prime credit is steadily shrinking while the percentage of Americans who have to take sub-prime and so called "deep sub-prime" loans has increased, according to a recent study.

Credit unions don't perform as good as banks on 65% of fair lending practices, according to a report by an organization that is pushing Congress to mandate that credit unions comply with the Community Reinvestment Act.

Co-Op advertising, hitting on credit union awareness and advocacy, is getting a major push in the D.C. market next week organized by the Maryland/District of Columbia Credit Union Association and the Virginia Credit Union League.