Amongst all the hoopla over banks venturing into real estate, the Office of the Comptroller of the Currency issued an interpretive letter (#1072) last month, permitting an undisclosed bank to lease out a branch it is replacing.

The $100 million Anoka Hennepin Credit Union has signed up for a rewards only program that will offer members a cash back card that they can use locally to receive cash back from participating stores.

The five federal bank, thrift and credit union regulatory agencies have published a new resource for consumers designed to help them make more informed choices when considering nontraditional mortgage loans. Interest-Only Mortgage Payments and Payment-Option ARMS--Are They for You? features a glossary of lending terms, a mortgage shopping worksheet, and...

NAFCU is preparing to host a Webcast on Dec. 6 covering the Financial Services Regulatory Relief Act, NCUA's Final Suspicious Activity reporting rule, and taking "A Look Ahead" to 2007.