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Bernanke Expresses Concerns about Consumer Agency to Mazuma CU CEO

By Claude R. Marx

The proposed agency to regulate consumer financial products will result in a duplication of efforts because financial institutions would be examined by the agency and their existing regulator, Federal Reserve Chairman Ben S. Bernanke said.

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Biz Lending CUSOs Not Under Anti-Money Laundering Proposal

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Both Bank Failures and Mergers Can Hurt Consumer Image, Says Atlanta CEO

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July 26, 2009

On-Site Coverage: Frank Says Stronger Regulation Needed to Save Capitalism

WASHINGTON - Stronger regulation of financial institutions won't stifle innovation but will lessen the chances for abuse, House Financial Services Committee Chairman Barney Frank (D-Mass.) said today.

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July 26, 2009

Pittsburgh CU 'Swamped,' Doubles Loans Amid State Budget Crisis

A small Pittsburgh credit union, ACBA Fed, whose staff includes current and retired state employees, went to bat this week for its hard-pressed members in a big way.

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July 26, 2009

Bunning Not Seeking Re-election

Sen. Jim Bunning, a member of the Banking Committee who often supported credit unions and criticized the Federal Reserve, announced today he will not seek re-election when his term expires next year.

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July 26, 2009

Mercer: 16th Failure in Georgia Likely to Draw CU Business

Another weekend failure of a $2.8 billion Georgia bank chain could bring more "deposit inflows" into credit unions in the state, the president/CEO of Georgia Credit Union Affiliates said today.

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July 23, 2009

On-Site Coverage: Credit Card Specialist Provides Advice on Increasing Loyalty to Products

NATIONAL HARBOR, Md. -- Because of the strong trust they engender, credit unions are in a strong position to generate more use of their existing credit cards or enter the market for the first time.

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July 23, 2009

Chrysler Shifts Focus From Invest to Clunkers

Chrysler announced that it will be refocusing its efforts away from the Invest in America program to concentrate on one program, Double Your Cash for Clunkers.

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July 23, 2009

Burrell Scores New Sales Gig at RiskSpan

Robert Burrell, former chief investment officer at Western Corporate Federal Credit Union, has turned up at RiskSpan, the Stamford, Conn.-based data and risk management firm.

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Top News Stories

Bernanke Expresses Concerns about Consumer Agency to Mazuma CU CEO

Biz Lending CUSOs Not Under Anti-Money Laundering Proposal

Both Bank Failures and Mergers Can Hurt Consumer Image, Says Atlanta CEO

Recommended Just For You

News Stories

On-Site Coverage: Frank Says Stronger Regulation Needed to Save Capitalism

Pittsburgh CU 'Swamped,' Doubles Loans Amid State Budget Crisis

Bunning Not Seeking Re-election

Mercer: 16th Failure in Georgia Likely to Draw CU Business

On-Site Coverage: Credit Card Specialist Provides Advice on Increasing Loyalty to Products

Chrysler Shifts Focus From Invest to Clunkers

Burrell Scores New Sales Gig at RiskSpan