Fresh Today

Fresh Today

WASHINGTON—To mark the fifth anniversary of the establishment of the Consumer Financial Protection Bureau, CUNA had a card for the CFPB, but in this case it’s a letter to CFPB Director Richard Cordray reiterating the trade association’s call for the Bureau to exempt credit unions from regulations inappropriately sized to CUs.

ALEXANDRIA, Va.—The Share Insurance Fund showed a net loss of $21.8 million during Q2, up from estimates of $13.2 million for the quarter. For the year, however, the fund shows $2.2 million in net income.