Wealth management

The chamber passed a bill that would clarify how certain loans backed by the Department of Veterans Affairs are securitized, and legislation encouraging first-time homebuyers to participate in counseling programs.

Credit unions can reduce concentration risk and free up funding for new loans though participations but many institutions are hesitant about the process.

Independent Bank in Texas, the seller, gained the business after buying Guaranty Bancorp.

Credit unions reported gains in areas such as loan balances and membership but it was at a slower pace than a year earlier.

Scientific techniques can help credit unions better understand how consumers are likely to behave in certain instances, allowing CUs to shape their tactics and responses to a variety of situations.

In her first four and a half months, Kathy Kraninger met with lawmakers more than twice as often as her predecessor, but her schedule demonstrates willingness to meet with industry and policy stakeholders from various camps.

Student CU Connect CUSO, which had made high-risk loans to students of the now-bankrupt ITT Technical Institute, agreed to a settlement resulting in an estimated $168 million of loan forgiveness.

Even relatively wealthy Americans are so worried about their finances that it's affecting their mental and physical health. That's one of the findings in a Bank of America survey of more than 1,000 people in the U.S. who have enough investable money to qualify as "mass affluent."

The CEO of the digital-only bank Chime says it has quadrupled its membership in a year. So why doesn't his counterpart at Varo believe him?

To make a credit card top of wallet and build interchange income, credit unions must develop trust, provide great service and ensure the card works every time.