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Nearly three dozen Senate Democrats are pushing the Consumer Financial Protection Bureau to adopt "the strongest possible" payday lending rules, including a requirement that lenders assess consumers' ability to repay the loan.
June 4 -
MOUNTAIN VIEW, Calif. Credit unions may want to step up their EMV education efforts toward their small business members.
June 4 -
The 28-year-old Young Americans Bank was founded to teach kids to save, but now the bank is focused on showing its customers how to spend wisely. CEO Richard Martinez says tots still prefer paper statements, while tweens are getting their allowance via bill pay.
June 4 -
As part of its proposed sale to Royal Bank of Canada, City National has made a big Community Reinvestment Act commitment, which includes targeting small-business loans at the minority- and women-owned suppliers of three power companies.
June 4 -
WASHINGTON Rep. Edward Royce, R-Calif., a long-time friend to credit unions, urged fellow House members Wednesday to support a Senate proposal that would make significant reforms to Fannie Mae and Freddie Mac.
June 4 -
Eastern Bank is considering a plan that would boost its biggest donations from $50,000 to seven-figure sums. While the plan could shrink the total number of grants given, it should also allow the organization to have more influence in certain areas.
June 4 -
The 28-year-old Young Americans Bank was founded to teach kids to save, but now the bank is focused on showing its customers how to spend wisely. CEO Richard Martinez says tots still prefer paper statements, while tweens are getting their allowance via bill pay.
June 4 -
The rate of small business loan approvals have remained largely stagnant and at historically low rates over the past year at credit unions, while such rates have been gradually edging upwards at the big banks, according to the Biz2Credit Small Business Lending Index, a monthly analysis by Biz2Credit.
June 4 -
The Consumer Financial Protection Bureau issued a consumer advisory on Thursday warning older consumers about misleading advertisements promoting reverse mortgages.
June 4
