- SOUTHFIELD, Mich. (07/19/02) -- TheMichigan CU League, which has gotten fully behind 13-term Rep.David Bonior in his race for the Michigan governorship, has createdan e-promotion piece that can be sent to voters by credit unionstaff and volunteers. The league has already printed more than100,000 statement stuffers supporting Bonior, one of threecandidates running in the Democratic primary. League PresidentDavid Adams is doing a newspaper tour in support of the candidate,who was one of the first supports of HR 1151, the CU MembershipAccess Act, and has been a long-time credit union backer. "'Love'is a special word, one I use in reference to my spouse, my childrenand my close friends. But I stood on the floor of the House andsaid, 'I love my CU,' and I really do," Bonior says on thee-postcard.
-
A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
11h ago -
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
February 9





