ABA Data Bank: Credit unions increasingly acquiring banks
Although the year is not even halfway through, the number of announced credit union acquisitions of banks in 2024 has ...
Tag: Credit unions
Report: Time to rethink tax exemption for credit unions
There is no longer a justification to exempt credit unions from taxes, which would generate billions in taxes if it ...
CFPB’s Chopra: Credit unions should be subject to CRA scrutiny
There should be a “level playing field” when it comes to credit unions being subject to Community Reinvestment Act requirements, ...
ABA survey finds consumers satisfied with debit cards, overdraft services
Consumers are happy with their debit cards and think the government should leave the debit card payment system alone, and ...
ABA Op-ed: Credit unions’ top regulator sounds alarm, but is Congress listening?
It has been two decades since Congress held a hearing on the credit union industry, even as the industry’s top ...
Growing number of lawmakers seek investigation of Navy Federal Credit Union
Two dozen House lawmakers called on federal regulators to investigate the nation’s largest credit union following reports of racial disparities ...
ABA, state associations seek congressional hearing on credit unions
ABA and 52 state bankers associations urged lawmakers in the House and Senate to hold a hearing to determine whether ...
NCUA to require credit unions to report overdraft, NSF fees
The National Credit Union Administration is planning to require credit unions with more than $1 billion in assets to report ...
Lawmakers request hearing on Navy Federal Credit Union lending practices
Seven lawmakers on the House Financial Services Committee are seeking a hearing on the nation’s largest credit union following media ...
White paper: It’s time to wean credit unions off taxpayer subsidies
Credit unions’ privileged status as tax-exempt nonprofit organizations may have filled a market need when Congress created the exemption roughly ...
