Bulldog FCU becomes first Maryland CU to offer legal pot banking


The Maryland credit union will offer business services to the medical cannabis industry.


Credit union regulator more than qualified to run CFPB


J. Mark McWatters of the National Credit Union Administration will have no favorites among community financial institutions.


Don’t let a credit union regulator run the CFPB


The Trump administration should not name J. Mark McWatters as head of the consumer agency, given his lack of experience overseeing commercial banks and his leadership of the National Credit Union Administration, a cheerleader for the industry it supervises.


Bankers anxious as Trump mulls credit union regulator for CFPB


In his current position as chair of the National Credit Union Administration, J. Mark McWatters has publicly advocated for cutting back the CFPB’s oversight of the credit union industry.


Credit union regulator McWatters on shortlist to head CFPB


J. Mark McWatters, chairman of the National Credit Union Administration, is said to be in contention to take over as director of the Consumer Financial Protection Bureau.


Bipartisan bill would allow more credit unions to add underserved areas


U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.


Meet the new risks, same as the old risks: Trump's FSOC shares many Obama-era fears


The Trump administration's first interagency assessment of systemic risk highlighted many of the same worries as previous reports, but added a new emphasis on economic growth and regulatory tailoring.


Credit union's capital raise should make bankers nervous


Jefferson Financial in Louisiana struck a deal to bring in $12 million in secondary capital, which is believed to be the biggest haul to date for a credit union. It could also embolden other credit unions to pursue similar fundraising efforts.


Regulators waive appraisals in hurricane areas to help rebuilding


Under a joint order, lenders still have to document the value of properties in storm-affected regions, but they will not have to depend on appraisers.


Credit unions expect big capital inflow as banks exhibit battle fatigue


The NCUA is proposing a special payout of up to $800 million to credit unions next year, which may boost lending. Banks were uncharacteristically silent on the plan.