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New York is the latest state to change its statutes regarding public deposits and credit unions as more institutions seek out strategies to boost liquidity.
December 17 -
Despite assurances by Director Kathy Kraninger that the agency is cracking down on discrimination, it hasn't filed an enforcement action or sent a Department of Justice referral on a fair-lending violation in two years.
December 17 -
It's long past time for the National Credit Union Administration to implement a risk-based capital standard, and the recently approved delay could hurt more than it helps.
December 16
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Consumers may be concerned about a possible economic downturn next year, but credit union marketers have no plans to curtail their spending in 2020.
December 16 -
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.
December 13 -
Mike Mercer had planed to work as part of the combined League of Southeastern Credit Unions until a least 2023, but recently approached the league's board with an early retirement request.
December 13 -
The National Credit Union Administration board signed off on a controversial budget, and it delayed its risk-based capital rule to buy itself time amid complaints by bankers.
December 12 -
Casting aside recession fears, the credit bureau predicts credit cards, mortgages, auto loans and unsecured personal loans should all perform well — including those extended by online lenders.
December 12 -
From appointments to prestigious committees to new members of the executive team, local honors and more, here are some of the latest personnel moves from across the industry.
December 12 -
As bank locations close, credit unions are filling the gap in many major cities, but the study also showed CU facilities closing up shop in high numbers.
December 12 -
The National Credit Union Administration is widely expected to approve another budget increase during its December board meeting, but that doesn’t mean the industry is happy about it.
December 12 -
Institutions across the country are putting the "people helping people" philosophy into action by supporting charities that serve their communities.
December 11 -
New data from CO-OP Financial Services shows the Christmas season could be a bright one for credit unions and their card portfolios.
December 11 -
More than 50 banks and banking groups responded to the National Credit Union Administration's call for public comment as it attempts to explain why a new field of membership provision won't permit redlining.
December 10 -
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.
December 10 -
Fairfax County Federal Credit Union's new name is intended to illustrate a reach well beyond what its original name implies.
December 10 -
Big Tech’s entry into the financial services space and changes in consumer behavior patterns could push some institutions away from Facebook and Twitter, but a host of new platforms are vying for the industry's attention.
December 10 -
With 2019 winding to a close, regulators and members of Congress are working to wrap up key items for credit unions before the end of the year.
December 9 -
Absorbing Health Facilities FCU will deepen S.C. Federal's presence in the city of Florence.
December 9 -
Credit unions today regularly receive monies from the CDFI Fund, but it wasn't always that way. Here's a look back at the last quarter-century and the progres that still needs to be made.
December 9
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