Credit unions

ICBA plans major offensive in fight against credit unions

10/21/19

The group's Wake Up initiative will include legislative and regulatory proposals, along with added resources to help members push for a level playing field.

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Regulators offer CECL guidance to aid industry's adoption

10/17/19

The four prudential agencies, which will enforce the new credit loss methodology developed by the Financial Accounting Standards Board, said they want to promote consistency.

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Banks try new tack in clash with credit unions over military bases

10/16/19

Bank groups that lobbied unsuccessfully for the rent waivers credit unions receive now back a bill that would create equal rates for both industries.

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Supreme Court ruling could mean more ADA lawsuits tied to bank websites

10/09/19

The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns among bankers that they could become an even more inviting litigation target.

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Fake ID fraud is declining, but small lenders are still vulnerable

10/08/19

Though synthetic identity fraud is down across the industry, there's been an uptake in such attacks targeting credit unions.

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NCUA Chairman Rodney Hood praises Trump in new White House video

10/04/19

Hood's comments mark an unusual turn for an industry famous for its bipartisanship.

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Cross River makes jump to real-time payments. Will other small banks follow?

09/20/19

Increased adoption of The Clearing House’s faster payments system could put pressure on community banks and credit unions awaiting the launch of the Fed’s competing service, FedNow.

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'These foolish ideas': Comments of the week

09/19/19

Readers react to plans by Democratic presidential candidates to reform college tuition, credit unions buying more banks, whether the next president could fire the CFPB head and more.

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Do big credit unions act too much like banks?

09/19/19

From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue.

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Making Amazon work for smaller issuers

09/19/19

Vibrant Credit Union sees great value in converting its members to mobile and digital payments. And days like Amazon Prime Day can be critical for its digital wallet strategy.

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