Exempting 77% of credit unions from a rule creates a two-tiered regulatory system.

First of all, congratulations to you and your colleagues on the Credit Union Times 25th anniversary! The publication has been a valuable sentinel of the credit union industry and has helped shine a light on many noteworthy events and issues over the years.

In January, 16 individuals were indicted in a $10 million federal income tax fraud scheme that was initially uncovered by the $262 million Widget Financial Federal Credit Union in Erie, Pa. last spring, according to federal prosecutors.

Although it will be at their own pace and on their own terms, millennials will borrow to buy cars.