Stewart Op-Ed Tackles ‘Troubling Trend’ of Credit Unions Buying Banks
The accelerating trend of credit unions acquiring banks "means fewer businesses contributing to the tax base supporting our communities," wrote ...
Tag: Credit unions
State Associations Call for Increased Credit Union Oversight
A group of 51 state bankers associations wrote to congressional leaders today calling for a review of the credit union ...
ABA Urges NCUA to Withdraw ‘Ill-Advised’ Non-Member Deposit Proposal
ABA today urged the National Credit Union Administration to withdraw a proposed rule that would allow federal credit unions to ...
ABA Urges NCUA to Implement RBC Rules without Delay
In a letter to the National Credit Union Administration board Friday, ABA expressed grave concern over NCUA’s recent vote to ...
Illinois Bankers Association Calls on Lawmakers to Revisit CU Tax Exemption
Large, corporate credit unions that are effectively operating as tax-free banks are endangering the traditional community bank model and doing ...
NCUA Appraisal Action Creates Inconsistent Regulatory Standard
By a two-to-one vote, the National Credit Union Administration board today finalized a controversial proposal to raise the threshold at ...
Bonus Podcast: Examining Credit Unions’ (Lack of) Mission Focus
On this bonus episode of the ABA Banking Journal Podcast, Karen Shaw Petrou of Federal Financial Analytics discusses her recent ...
ABA Calls for ‘Top-to-Bottom’ Assessment of Credit Union Industry
In a letter to the National Credit Union Administration board and inspector general today, the American Bankers Association called for ...
New Report Finds Credit Unions Operate with ‘Scant Regard’ for Statutory Mission
On the eve of the 85th anniversary of the Federal Credit Union Act’s enactment, new research released today found that ...
NCUA Votes to Delay Risk-Based Capital Rules for Credit Unions
In a move strongly opposed by the American Bankers Association, the National Credit Union Administration by a 2 to 1 ...
