Despite the apparent financial pain to cover the underwriting costs of small loans under $600, some credit unions still feel there is a segment of their membership that rely on this type of financing. Others don't.
A lawsuit that challenged the authority of Dodd-Frank to regulate the financial services industry was dismissed Aug. 1 in Washington, D.C. in U.S. District Court.
Community banks but not credit unions win specific mention in regulatory relief bills, but they still would help.
Had the suit succeeded, the CFPB and its mandates to date would most likely have been rendered null and void.
This preview from next week's print edition looks at what credit union lobbyists win, or don't win, on Capitol Hill.
Federally chartered credit unions in nine states will move from one NCUA Region to another in 2014, the agency said Thursday.
Industry leader had been on sabbatical since last August; looking ahead to new business ventures, a brokerage and real estate firm, with his wife.
The reaction among the roomful of credit union board members was shock and awe. Explanations for board pay vary as do questions raised.
Part one of this analysis of credit union board compensation by Credit Union Times. From our July 3 print edition.
When credit union trade associations are brought up in a conversation, CUNA and NAFCU are often the first ones that comes to mind. But there are plenty of smaller niche groups making people sit up and take notice.