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Center for Responsible Lending Decries New Card Practices

By David Morrison

The Center for Responsible Lending, a subsidiary of the Self Help Credit Union, has released a report condemning practices that some of the largest card issuers have adopted, the Center alleged, to avoid the practices banned by new card regulation.

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Missouri Merger Complete But Look Out on the Conversion

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CUNA: CUs Ask Obama 'What About Us?'

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December 13, 2009

Whole Loans Might Be Subject to GAAP

New accounting standards proposed by the Financial Accounting Standards Board include a requirement to value whole loans using fair value requirements, like those currently used by corporates to value distressed mortgage-backed securities.

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December 13, 2009

Firm Expects Heightened Savings to Continue

Credit union members and others will cling to their savings habits well into 2010, according to a company that tracks direct mail credit card efforts.

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December 10, 2009

Retail Sales Up Again

Consumers continued to open up their wallets last month as retail sales increased 1.3%, following a 14% increase in October, the Commerce Department reported today.

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December 10, 2009

NCUA Charters New Credit Union

The NCUA approved a charter for the East River Development Alliance Federal Credit Union in Queens, N.Y.

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December 10, 2009

House Defeats Amendment to Kill CFPA

The House today killed an amendment that would have killed the proposed Consumer Financial Protection Agency.

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December 10, 2009

Northeast Member Business Services Elects New Director

Stephen White, president/CEO of Westerly Community Credit Union, has been elected to the board of directors at Northeast Member Business Services LLC.

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December 10, 2009

Florida Commerce Gears Up for Next $10,000 Challenge

With just weeks left to go on its WeLiveFit! $10,000 challenge to the family who saved the most this year, Florida Commerce Credit Union is already looking for new families for next year's contest.

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Top News Stories

Center for Responsible Lending Decries New Card Practices

Missouri Merger Complete But Look Out on the Conversion

CUNA: CUs Ask Obama 'What About Us?'

Recommended Just For You

News Stories

Whole Loans Might Be Subject to GAAP

Firm Expects Heightened Savings to Continue

Retail Sales Up Again

NCUA Charters New Credit Union

House Defeats Amendment to Kill CFPA

Northeast Member Business Services Elects New Director

Florida Commerce Gears Up for Next $10,000 Challenge