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Ohio's credit unions are in the midst of a member business lending surge.

Social networking joins financial education with transactional power behind it at the new website for Smart Financial Credit Union in Houston.

Although the new consumer agency is designed to protect consumers, it will also ease the regulatory burden on financial services providers, Senate Banking Committee Chairman Christopher Dodd said today.

The Credit Card Act of 2009 has helped the percentage of consumers dissatisfied with their credit cards drop slightly, but credit cards remain on of the lowest ranked consumer services ever.

These days, CUNA Mutual Group says it pays out nearly $3.4 million in claims each day, which is a historical leap from the $40 death benefit it first paid 75 years ago.

Consumers used nearly 80% of their $29 billion in maturing CDs to pay down credit card balances in the first half of 2010.