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Even as credit unions continue to urge NCUA to revert to an 18-month examination cycle, federal bank regulators unveiled an interim final rule Friday allowing highly-rated community banks to qualify for an 18-month examination cycle.
February 19 -
Shoppers who finance the purchase of cars, furniture and home improvements are protected under a decades-old federal regulation. Now consumer groups are urging the FTC to update its rule and consider offering the same protections to victims of home-mortgage or auto-leasing scams.
February 19
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Shoppers who finance the purchase of cars, furniture and home improvements are protected under a decades-old federal regulation. Now consumer groups are urging the FTC to update its rule and consider offering the same protections to victims of home-mortgage or auto-leasing scams.
February 19 -
Credit Union Journal asked credit union advocates what they would like to say to the men and women running for the White House.
February 19
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It may not quite live up to his Oscar-nominated role in "The Buddy Holly Story," but Gary Busey certainly made an impression on Jim Hughes in a new television ad for Unity Bank.
February 19 -
The Consumer Financial Protection Bureau acknowledges that gearing up for the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosures has been tough, and it promises to consider that fact in exams.
February 19
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Inefficient, paper-bound processes, oligopolies that can charge high prices, the Rube Goldberg structure of correspondent banking, and excessive regulation all make it expensive for migrants to send money home. Technology is a big part of the answer.
February 19 -
CU Journal asked the state leagues: How does a presidential election year change your political strategy, and does your league get involved in the presidential election (i.e. endorsements, contributions to presidential candidates)? Or do you remain focused on Congressional and local campaigns?
February 19
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CommunityOne Bancorp entered 2015 with hopes of buying banks and nonbanks. Shortly after whiffing on several deals, the North Carolina company ended up selling itself to Capital Bank Financial.
February 19
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There is a different feel to the troubles American Express faces today, mainly because its lost Costco relationship represented what might be one of the last of its kind a deal in which a large retailer gives exclusivity to a certain card brand and tells customers how to pay.
February 19
