NAFCU

Groups representing community banks and credit unions generally support the new percentage-based goals set by the Federal Housing Finance Agency.

The Defense Credit Union Council's annual event is the latest to be scuttled due to the coronavirus as state and national groups make conferences virtual.

The National Association of Federally-Insured Credit Unions has released the results of survey looking at how the industry has used the Paycheck Protection Program so far.

Lobbying lawmakers via videoconferencing has some advantages, but it's unclear if that format will continue to be used once social distancing requirements are eased.

The central bank said customers will be able to make more transfers and withdrawals "at a time when financial events associated with the coronavirus pandemic have made such access more urgent."

Legislation announced Wednesday would allow credit unions to make coronavirus relief loans to businesses without fear of bumping up against the member business lending cap.

The regulator must speed up its capital reform efforts while taking immediate steps to reduce the examination burden.

Congress and financial regulators have implemented a number of measures to help the industry survive the financial impact of the pandemic, and a fourth phase of stimulus could be coming.

The regulator formally announced the 60-day delay on Monday after tweeting about it over the weekend.

As the health crisis upends the United States, credit union trade groups have called for lawmakers and regulators to provide relief for institutions dealing with the pandemic's impact.

More than six industry events have been cancelled or put on hold in five days, with more likely to follow.

Credit union groups are hailing the introduction of a bill to change the bureau’s leadership structure, but similar bills have been introduced in the past and gone nowhere.

Recent political controversies are forcing credit unions and industry groups to reconsider their support for lawmakers they previously endorsed.

Legislation introduced Monday would go beyond changes the National Credit Union Administration put in place last year and increase parity with state-chartered institutions.

The industry loves to tout its bipartisanship, but it has very publicly embraced the Trump administration at times.

The National Taxpayers Union called on Congress to reevaluate the movement's tax structure, including citing the trend of CUs buying banks as a "textbook example of poor tax policy."

The community bank lobby has said the recent deals are another reason to rein in the credit union sector. Some House members are beginning to take notice.

An appeals court on Thursday denied bank groups an en banc hearing from all 11 appellate judges, but bankers said Friday that they're considering taking the case to the Supreme Court.

House and Senate lawmakers have denied a push by banking groups to grant banks the rent-free access to military installations that credit unions have.

Navy Federal Credit Union is Exhibit A in banks' case to tax the credit union industry. But it wasn’t always seen as the powerhouse it is today. Meet Adm. Cutler Dawson, the man who changed that.