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Bankers, irate with the NCUA's plan to expand field-of-membership for certain credit unions, are flooding the agency with comment letters. The NCUA has received 10,500 total letters, or more than triple the previous record for such responses.
February 9 -
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By selling its community banking products to Fiserv, ACI has signaled it is no longer interested is no longer interested in that space. Fiserv, meanwhile, is beefing up its small-institution offerings.
January 28 -
Banking's top trade groups sent a letter to Congress asking lawmakers to intervene and stop a plan by the National Credit Union Administration to expand field of membership for federal credit unions.
January 27 -
The American Bankers Association has gone public with its issues with a plan to require banks to record loan-loss provisions when they originate a loan. Bankers are worried that the rule will eventually force smaller institutions to use costly modeling programs to comply.
January 22
