WASHINGTON–The regulatory relief bill that rolls back much of Dodd-Frank remains stalled as negotiations continue over how to reconcile the version of the bill passed by the Senate with that passed earlier by the House.
Fresh Today
YONKERS, N.Y.–Americans remain more satisfied with the credit unions and online banks than they do traditional banks–but they are generally happy with the latter, as well.
RANCHO CUCAMONGA, Calif.–“The Race to Excellence” kicks off May 7 as host Jean Chatzky of NBC’s Today Show joins swimming champion Michael Phelps and a diverse, insightful lineup of speakers at CO-OP’s THINK 18, the company said.
MADISON, Wis.–Credit unions added a whopping 463,000 memberships in January, significantly above the 209,000 gain recorded in January 2017, while a forecast is projecting that already strong loan growth will only continue this year.
NEW YORK–A former Treasury Department official who helped oversee the bailouts of big banks a decade ago who is now a regional president of a Fed bank is proposing those same big banks be broken up.
ARLINGTON, Va.—New-home sales decreased for the third straight month in February, falling 0.6% from January. However, sales were up 0.5% from a year ago.
SANTA CLARA, Calif.–With Spring officially here, credit unions will find numerous members looking for assistance purchasing a new home as the home buying seasons gets underway at the same time the market seems hotter than ever.
MADISON, Wis.–The World Council of Credit Unions has sent a comment letter to the Basel Committee on Banking Supervision’s Consultative Document: Stress Testing Principles in which it said it concurs that the stress testing frameworks that have been developed since the global financial crisis have evolved well beyond those that were envisaged since the publication of the current stress testing principles.
NEW YORK–A group of “taxi advocates” here is claiming one credit union taxi medallion lender is driving cab drivers to the “brink of suicide” by not being more amenable to reworking loans.
HOUSTON–AMOCO FCU has selected Dolphin Debit to manage its 14 ATMs.