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Metsger moved to hold public board briefingsbelieved to be a first for the agency that has often been criticized for lack of transparencyand is speeding up the review of call reports and the exam cycle.
May 26 -
A study commissioned by the Massachusetts Bankers Association found a correlation between a spike in credit unions with low-income designations and an increase member business lending in the state.
May 18
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Though Catholic credit unions face many of the same challenges others do, they also must contend with some concerns that are specific to serving a religious organization, which is what pushed 11 credit unions that all serve Catholic churches to band together.
May 23 -
A new Department of Labor rule designed to make more American workers eligible for overtime pay stands to add costs and slow hiring at credit unions and banks while speeding the replacement of human workers with technology, according to the financial industry lobby.
May 20
