‘Taxing Widows And Orphans’: Credit Unions Face Unprecedented Threats In 2025 05/01/2025 06:39 pm WASHINGTON--Credit union industry veteran Larry Blanchard is warning of a potentially uncertain future for the movement, amid swirling speculation over the sudden removal of two NCUA board members and increased attention from lawmakers on the industry's long-standing tax exemption.
CFPB To Scale Back Enforcement of Small-Business Lending Data Collection Rule 05/01/2025 02:17 pm WASHINGTON—The CFPB will deprioritize enforcement of its Section 1071 small-business lending data collection rule for businesses not covered by a recent court-ordered stay, the ABA Banking Journal reported.
Collins Community Credit Union Joins DCUC 05/01/2025 11:50 am CEDAR RAPIDS, Iowa—The $1.6-billion Collins Community Credit Union has joined the Defense Credit Union Council as an affiliate member.
Mortgage Rates Continue Downward Movement 05/01/2025 02:22 pm MCLEAN, Va.--Mortgage rates continue to slide, down for the second consecutive week, Freddie Mac reported.
CFPB Study Finds Differential Treatment In Small Business Lending Markets, ‘Further Exploration’ Needed 11/13/2024 02:33 pm WASHINGTON—The Consumer Financial Protection Bureau has released a study revealing “significant” disparities in how lenders treat Black and White small business owners seeking loans.
Inflation Rate Ticks Up In October 11/13/2024 11:32 am WASHINGTON—Consumer prices in October rose 2.6% from a year earlier, up from 2.4% in September, the Bureau of Labor Statistics reported.