Credit unions

For the second time in a week, the National Credit Union Administration has delayed the deadline for public comment on a proposed regulation.

The NACUSO annual gathering and a new event focused on cannabis banking for the industry have both been shuttered.

Banks typically don't offer loans to cash-strapped consumers, and are poorly positioned to start doing so on an emergency basis — unless the government steps in to help.

The National Association of State Credit Union Supervisors expects to hold the conference later this year but a specific date has not yet been set.

Noah Wilcox, a fourth-generation banker, says community banks are well positioned to provide stability and capital in underserved markets during uncertain times.

First American Bank agreed to cover costs incurred by the Iowa Division in Banking, while the regulator made it clear that the accord would not set a precedent for future credit union-bank deals.

Prodigy, a fintech focused on mobile solutions for credit unions, has a new CEO in the wake of a retirement.

Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity.

The banking group issued lawmakers a guide on questions to ask as credit union executives visit Capitol Hill for two days.

The debate centers on whether guidance on credit union-bank mergers is necessary.