We know some credit unions won't much like our story presenting the bankers' arguments on FOM and MBL, but ignoring them would be unwise.

The $15.7 billion-asset credit union gained 20,000 new members in the six-month period after it shed a $5 minimum-balance requirement on share accounts.

Already defending itself against a suit challenging its member business lending rule, the credit union regulator now must grapple with a challenge to field of membership regulations. Some observers suggest the scope of the legal is unprecedented.

WASHINGTON — The political independence of the Consumer Financial Protection Bureau may end not with a bang — after a protracted battle in Congress — but with a whimper, the victim of a bureaucratic rule that prevents the agency from appealing a pending court case to the Supreme Court.

The campaign, coordinated by Credit Unions for Kids, aims to raise awareness for credit unions and benefit Children’s Miracle Network hospitals.

The CUSO has paid out $465 million in patronage dividends since 1994.

Credit unions across the country continue to donate their time and money in large and small amounts to benefit the communities they serve.

Rising interest rates are a near certainty, analysts say, but plenty of unknowns remain, including how populist movements in Europe might impact the global economic picture.

Banking and credit union trade groups are urging Congress to consider repealing any upcoming Consumer Financial Protection Bureau rules governing arbitration, payday lending, debt collection and prepaid cards by using its authority under the Congressional Review Act.

As expected, the American Bankers Association has filed a legal challenge against the credit union regulator’s recent overhaul of FOM rules, even as the agency is working on additional reforms.

The Consumer Financial Protection Bureau and its director Richard Cordray are on a collision course with President-elect Donald J. Trump in what could become a legal showdown over the limits to executive power.

The Consumer Financial Protection Bureau is planning to finalize its rulemaking on arbitration in early 2017, though it is unclear if the controversial regulation can be completed before President-elect Donald Trump takes office.

While the designation of Ben Carson – noted neuroscientist and former GOP presidential candidate – to run the Department of Housing and Urban Development appears like an unusual choice, lenders are hoping he can bring a fresh perspective to the industry

Veridian CU makes changes to its commercial lending lineup and other credit union professionals in the news.

The opening of the 2016 holiday season, which marks the first full year since the country's major EMV fraud liability shift, is proving what data security experts feared all along.

The mobile payments solution is aimed at making it easier and faster for bank customers and credit union members to send real-time payments.

Sandia Laboratory FCU in Albuquerque has returned at $10 million special dividend to members as a way to thank them for their continued support of the credit union.

Evergreen Credit Union, a $258 million institution based in Portland, Maine, has named Jason Lindstrom as its new president and CEO, succeeding interim CEO Tim Verreault.

Eugene Szymczak, president and CEO at Wisconsin-based Educators CU, unexpectedly died in his sleep on Dec. 4. He was 67 years old.

Credit unions and banks in California plan to participate in a new working group that will focus on the cannabis industry's lack of access to the mainstream financial system, according to state officials.