News

The ICBA says it is "determined to stop this problematic issue" of credit unions by launching a new campaign.

The agency is trying to craft a better definition of "abusive acts or practices" - something CU leaders have been demanding.

The bill has cleared two committees in the Assembly and could come up for a vote before the legislative session ends on June 19.

Some CU executives even say originations rose in Q2 and are positively adjusting their forecasts.

CU officials believe it's too difficult for credit unions to participate in the mortgage lending market with these rules in place.

This week's Community news includes a food drive and about $80,000 in scholarship awards.