Lending

The Federal Reserve's support for the commercial paper market made clear that it was willing to go beyond cutting interest rates, but the central bank may feel pressure to do even more as the crisis worsens.

The central bank said it was establishing the Commercial Paper Funding Facility to "support the flow of credit to households and businesses."

The chairwoman of the House Financial Services Committee should call on regulators to take more aggressive steps with bad banking practices, starting with Wells.

There may only be so much institutions can do if the outbreak affects borrowers' ability to repay credit.

Attempts to rewrite the method for determining unintended discrimination in housing should not bleed into fair-lending laws.

The Exton, Pa.-based credit union grew its commercial real estate and credit card lending in 2019 from a year earlier.

San Diego County Credit Union saw membership rise 4.5% last year, but net income was down due to decreased loan volumes, increased charge offs and higher operating expenses.

Afterpay has found an opening in the U.S. by targeting the millennials who don't have a credit card to use at the point of sale.

The proposal is the fourth piece of legislation unveiled this week to tweak the Federal Credit Union Act.

Data from regulators in the Badger State show state-chartered CUs making gains in several key areas in 2019 even amid a dip in ROA and an increase in allowance for loan losses.