The Oregon Senator was joined by Sen. Elizabeth Warren and Sen. Robert Menendez in writing to the Securities and Exchange Commission to find out if the bank misled investors or violated whistleblower protections.
A digital campaign spread over 100 websites will connect Main Street consumers to Congress through a simple message: “Don’t Tax my Credit Union.” The NWCUA launched the month-long campaign this week.
Northwest credit unions grew their member business lending category 7.5% in Q1. Still, more than 500 credit unions nationally are at or nearing the 12.25% Congressionally-imposed lending cap. Meanwhile, the nation’s largest banks, facing fewer regulatory limits, hold onto the lion’s share of the market.
Bank of America’s decision to hike debit card fees, a fast-growing Facebook page promoting Bank Transfer Day, and the continued Occupy movement seem to be spurring membership growth among Northwest credit unions.
Treasury’s guidance allows credit unions to honor crime victimsâ€™ wish to keep their addresses secret, while also complying with Bank Secrecy Act provisions.
The proposal would replace these ratings with either narrative standards or a credit unionâ€™s own internal standard.
The CFPB will begin testing prototype model mortgage forms against existing laws, according to its head.
Clearly placing the nationâ€™s financial crisis in the laps of Wall Street bankers, The National Credit Union Administration (NCUA) is threatening to sue several investment banks for their role in packaging bonds backed by poor quality mortgage securities.
Frank J. Diekmann ponders a new standard for explaining the credit union difference to his taxi driver in New Orleans.
News began to emerge Friday that regulators were in Spokane to close $11 million The Union Credit Union, which slipped below an allowable net worth.
Voices of the credit union movement, in Washington and beyond.
Do you have what it takes to fill one of the 17 seats available on Fileneâ€™s i3 innovation program?