adminToday, the House Appropriations Committee will mark up the Financial Services and General Government Appropriations bill. The report to accompany the bill was released yesterday, and it includes several statements advancing credit unions’ concerns...
Yesterday, speaking to the Economic Club of New York, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) revealed his Financial CHOICE Act to oust the Dodd-Frank Act. He called Dodd-Frank “a grave mistake Washington foisted upon...
With the ever-changing face of technology, one never knows just what will be the next big thing for the financial world. Credit unions should keep blockchain on their radar, says a CUNA blogger, who points out emphatically that this is not Bitcoin...
The LSCU Cooperative Image Campaign, one of the most successful cooperative advertising campaigns ever presented by a League, has launched a new campaign under its “Better Name for Banking” umbrella. This time, a group of goats — presumed to be...
The CFPB released its new proposed rule on payday and small dollar loans at a field hearing in Kansas City, MO. In a nutshell, the CFPB proposal is complicated, as suggested by the 1,549-page document that aims to limit high-interest loans by...
Credit Unions nationwide are on an upward trend, along with the economy, according to CUNA Mutual Group’s May 2016 Credit Union Trends Report, which tracks March 2016 data. During that month, credit unions picked-up 577,000 in new memberships, and...