Tag Archives: credit unions

ABA Files Appeal in Credit Union Field of Membership Case

The American Bankers Association today filed a cross-appeal in its legal challenge to the National Credit Union Administration’s field of membership rule, which further expanded the already loose fields of membership from which federal credit unions can draw their customers.

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GAO: CRA Statute Could Be Expanded to Include Credit Unions

The Government Accountability Office last week released a report outlining recommendations to further incentivize financial institutions to provide banking services and small-dollar consumer loans in low- to moderate-income communities, including extending CRA to credit unions.

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