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The Indiana-based credit union is scheduled for a Sept. 2018 core conversion.
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The NCUA board on Thursday also amended a rule regarding emergency mergers for credit unions.
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The switch was prompted by misperceptions that only students and teachers could join.
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The company said it will lay off more than a dozen employees in a move that reflects the current volume of mortgage loan originations.
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The government-sponsored enterprises are at the heart of our housing finance problems, not the solutions.
December 15
American Action Forum -
For decades, Fannie Mae and Freddie Mac helped working-class Americans get mortgages. That essential and powerful role in the national economy is fading.
December 15
National Community Reinvestment Coalition -
Kevin Tylus had been CEO of Royal Bank, which Bryn Mawr recently bought.
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Amalgamated's purchase of New Resource Bank is part of a broader strategy to enter more U.S. markets.
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Bank of Canada governor says digital currencies could cause “significant disturbance”; JPM testing quantum computing's abilities.
December 15 -
The information you need to start your day, from PaymentsSource and around the Web. Today: FCC ends net neutrality; Gemalto turns down takeover offer; Australian central banker's bearish on bitcoin; Miami condo sale will only take bitcoin.
December 15







