- 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.
-
The potential for a global trade war has largely undone the optimism that the industry exhibited at the beginning of the year. Here's a look at three ways that tariffs could negatively impact banks.
2m ago -
The online consumer lender beat revenue expectations in the first quarter, but its net income was dragged down by larger provisions that the company attributed to tariff "uncertainty."
10h ago -
The card processor came up short on expected profits but hit analysts' estimates on revenue in the second quarter of its fiscal 2025. CEO Ryan McInerney said growth in payments volume, cross-border volume and processed transactions were strong even in the face of shaky economic conditions.
11h ago -
At a House subcommittee hearing, Republicans proposed "tailoring" regulations for community banks while Democrats railed against Trump's tariffs and cuts to the Consumer Financial Protection Bureau.
April 29 -
The bank's chief technology risk officer details the journey the bank has taken over the last six years, and why it set out to get rid of passwords.
April 29 -
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., and House Financial Services Committee ranking member Maxine Waters, D-Calif., urged the National Credit Union Administration's Inspector general to look into President Trump's removal of two board members.
April 29