WASHINGTON—Community bankers say excessive regulations are reducing the number of mortgage loans they are able to make.
Fresh Today
JEFFERSON CITY, Mo. — Credit unions, along with banks and other lenders, would be exempt from a law in this state that governs advertising and merchandising under a piece of legislation proposed in the state legislature.
TEXARKANA, Texas—Two men have been arrested on theft charges for allegedly stealing over $10,000 by manipulating Red River Employees FCU ATM machines.
SEATAC, Wash. and TIGARD, Ore. — A new economic analysis is reporting that Northwest credit unions, as businesses, drove more than $6.8 billion dollars in economic impact, provided more than 15,000 family wage jobs and delivered $352 million in direct benefits to their 4.9 million members in 2014.
WASHINGTON—Both credit union trade groups are expressing support for the Eliminate Privacy Notice Confusion Act, H.R. 601, which was introduced by Reps. Blaine Luetkemeyer (R-MO) and Brad Sherman (D-CA).
YUMA, Ariz.—NCUA is reporting that another of the credit unions it is operating in conservatorship is in the black and net worth slowly rebuilding.
MADISON, Wis. – The Cooperative Trust, more informally known as the Crashers, reported it received a record 200 applications to attend the annual Crash the GAC.
WASHINGTON—Both credit union trade organizations are just about in line with a projected price tag for credit unions under the new risk-based capital proposal.
BIRMINGHAM, Ala.—The $601-million Alabama Telco Credit Union has changed its name to Avadian Credit Union. The credit union said it made the move to reflect a broad field of membership that now includes more than 600 select employee groups and local communities.
WASHINGTON—The interest, effort, and effectiveness of Americans to save personally was much higher during January of 2015 than it was during January of 2014, according to data collected earlier this month by America Saves for its triannual Personal Savings Index (PSI).