WASHINGTON - The House Financial Services Committee voted to send a favorable report to the full House on H.R. 3505, the Financial Services Regulatory Relief Act. The bill contains a number of positive measures for all depository institutions, including credit unions. Amendments regarding a risk-based capital system for credit unions...

ORLANDO, Fla. - With an estimated 20% of U.S. households considered to be unbanked or underbanked, a growing number of financial institutions are reaching out to target and serve these consumers. But "while there is an incredible canvas for innovation, there are also enormous challenges to innovate for this market...

ORLANDO, Fla. - The BAI Retail Delivery Conference & Expo has been attracting an increasing number of credit unions over the past few years, and this year's conference was no different. The five-day conference held Nov. 14-18 at the Orange County Convention Center drew 450 attendees that included representatives from...

WASHINGTON - While a new SBA program could help expedite disaster loan processing for hurricane victims, CUNA said clarification is needed on how credit unions can participate. The SBA rolled out its "GO Loan" program on Nov. 7. It allows credit unions and banks that are PLP and Express lenders...