Navy FCU

NCUA’s low-income designation hurts service members


A decision that expands the low-income definition to all active-duty military personnel will only enable large credit unions to push out smaller competitors, removing choice for people in the military.


Banks need to do more than just complain about credit unions


The entire banking industry needs to join the fight instead of waiting for Congress to act.


Banker of the Year, Wells Fargo shake-up, credit union nemesis: Top stories of the week


Citizens Bank's Bruce Van Saun is our Banker of the Year; shake-up continues at Wells Fargo with poaching of Santander's CEO; the Navy commander behind the credit union banks love to hate; and more from this week's most-read stories.


The Navy commander behind the credit union banks love to hate


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.


How Amazon and Synchrony are reinventing secured credit cards


Targeting consumers with poor or thin credit, Amazon is offering a secured card with rewards on par with those offered to mainstream cardholders.


Once dismissive of fintechs, traditional lenders now feeling their bite


Online lenders now have close to 40% of the unsecured personal loan market, much of which is refinanced credit card debt. Banks' card portfolios are taking a hit.