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A decision that expands the low-income definition to all active-duty military personnel will only enable large credit unions to push out smaller competitors, removing choice for people in the military.
June 18American Bankers Association -
Rodney Hood, chairman of the National Credit Union Administration, says the agency's Central Liquidity Facility can be a vital backstop if a crisis occurs, but it will be stronger if more credit unions chip in to make it a success.
April 29 -
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.
March 13American Banker -
The author of a recent op-ed fails to realize that making credit unions pay corporate taxes would drive up costs for customers and weaken the economy.
February 24National Association of Federally-Insured Credit Unions -
After more than five decades as a volunteer board member and committee member, one industry veteran looks back at how the movement has changed and what has stayed the same.
February 21ORNL FCU -
The entire banking industry needs to join the fight instead of waiting for Congress to act.
February 14Florida Bankers Association -
Congress should further expand a tiered regulatory system to help community banks better serve local neighborhoods.
February 13 -
Despite what one critic says, Alaska USA Federal Credit Union’s acquisition of branches from TCF Financial will help underserved communities in Arizona.
February 3Mountain West Credit Union Association -
The benefits include improved financial inclusion, the chairman of the NCUA argues.
January 30 -
Bankers may not want to hear this, but communities benefit when credit unions buy banks.
January 24National Association of Federally-Insured Credit Unions -
A former credit union CEO explains why it chose to become a bank, subject to taxes, and says Congress needs to intervene in discussions on an NCUA proposal to loosen capital standards.
January 23Sound Financial -
A former credit union CEO explains why it chose to become a bank, subject to taxes, and says Congress needs to intervene in discussions on an NCUA proposal to loosen capital standards.
January 23Sound Financial -
Consumer demand for digital financial services will inspire a wave of new partnerships.
November 19Finastra -
Consumer demand for digital financial services will inspire a wave of new partnerships.
November 14Finastra -
Millions of Americans feel let down by the government and other trusted entities, but credit unions are stepping forward to fill the void.
June 19National Association of Federally-Insured Credit Unions -
As credit unions buy up community banks, policymakers should take another look at ending the industry’s tax exemption and regulatory breaks.
June 7 -
The credit union regulator’s proposal to raise the appraisal threshold for nonresidential real estate loans won’t harm the economy or consumers, contrary to critics’ claims.
May 20 -
The credit union regulator’s proposal to raise the threshold for commercial appraisals to $1 million could introduce more risk into the financial system, particularly if bank regulators follow suit.
May 9Appraisal Institute -
The new chairman of America's Credit Union Museum writes that as the number of CUs shrinks, the museum remains committed to preserving each institution's history, no matter how small.
April 10America's Credit Union Museum -
Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth.
April 2Upstart