Credit unions

After Senate reg relief bill, House package would be cherry on top

07/17/18

As part of a capital-formation bill, House lawmakers are attempting to sprinkle in a handful of provisions to ease the industry’s burden.

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CUs are not neglecting their core membership

07/12/18

Credit unions remain committed to their central missions as they grow, says PenFed’s chairman.

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Banklike credit unions should follow bank rules

06/25/18

As large credit unions look to expand under NCUA’s new field of membership rule, they should be required to comply with additional bank rules.

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Mortgage fintech expands industry reach with three hires

05/31/18

Promontory MortgagePath fills management roles for bank relations, technology and outsourced services opportunities.

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Pro-market groups come out swinging in support of credit unions

05/23/18

A coalition of free-market-oriented groups is calling on Senate Finance Committee Chairman Orrin Hatch to rethink his push for a new tax on credit unions.

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Small businesses becoming more satisfied with fintech lenders: Survey

05/22/18

For many borrowers, near-guaranteed approvals and faster turnaround times are more important than the lower rates offered by banks and credit unions.

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BofA’s AI play, Zelle departure, more guidance (please): Top stories of the week

05/18/18

Bank of America on where its AI hopes (and worries) lay; Zelle founder Paul Finch announces his leave from the payments network; the one area where banks and fintechs want more regulation; and more from this week's most-read stories.

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QM revamp could mean separate rule books for banks, internet lenders

05/17/18

Mick Mulvaney’s recent comments about the CFPB Qualified Mortgage rule have triggered a debate over whether regulators should take into account more than one underwriting model.

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Credit unions are bulking up via M&A — and banks are nervous

05/16/18

Bigger credit unions present a formidable challenge for banks in areas such as business lending.

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White House looks to extend Mulvaney's CFPB tenure

05/08/18

The administration is prolonging a decision on a permanent director for the agency to keep the interim chief in place until year-end or longer.

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