A former credit union CEO explains why it chose to become a bank, subject to taxes, and says Congress needs to intervene in discussions on an NCUA proposal to loosen capital standards.
The company created by the BB&T-SunTrust merger said that Truliant Federal Credit Union does not own the trademark rights to names beginning with the prefix "tru."
Navy Federal Credit Union is Exhibit A in banks' case to tax the credit union industry. But it wasn’t always seen as the powerhouse it is today. Meet Adm. Cutler Dawson, the man who changed that.
The regulator has pledged to put forth a rule on credit union-bank purchases before the end of the year. It's likely to lead to another clash with bankers.
The House Armed Services Committee approved a bill without a key provision that would allow banks a no-cost presence on military installations, a privilege some credit unions currently enjoy.
Freedom Northwest in Idaho hopes a proposal from the NCUA will help it bring in more deposits to fund a fast-growing mortgage business. Banks are crying foul.
