Bank buys raise questions about the ‘credit union difference’
Credit unions are swallowing up tax-paying banks at an alarming rate, using the tax break lawmakers granted them to serve ...
Tag: Credit unions
Senators call for agency review of Navy Federal Credit Union
Senate Banking Committee Chairman Sherrod Brown (D-Ohio) along with nine senators called on the Consumer Financial Protection Bureau and Department ...
Rep. Waters seeks answers on Navy Federal Credit Union’s lending practices
Rep. Maxine Waters (D-Calif.) called for the nation’s largest credit union to “explain to Congress and their members” media reports ...
ABA survey: Public believes credit unions should be treated like banks
U.S. consumers are generally unaware of the differences between banks and credit unions, and they believe credit unions should be ...
ABA warns credit union lending bill would negate existing safeguards
Legislation to make it easier for credit unions to underwrite large-scale commercial real estate development projects undermines their congressionally mandated ...
ABA op-ed challenges NCUA’s field of membership expansion proposal
In an American Banker op-ed, ABA's Robert Flock took the National Credit Union Administration to task over its role in ...
ABA opposes expansion of credit unions’ field of membership
In a comment letter, ABA opposed the National Credit Union Administration’s proposed rule to significantly expand federal credit unions’ field ...
ABA, associations seek equal treatment for banks, credit unions on military bases
ABA and two banking associations asked the leaders of the Senate and House Armed Services Committees to support requiring the ...
Credit unions: Member co-ops or Wall Street clients?
The credit union regulator’s recent Wall Street field trip for CUs undercuts arguments for special tax privileges.
ABA staff quoted in American Banker article on credit union acquisitions of banks
The American Bankers Association's longstanding opposition to credit union acquisitions of taxpaying community banks was captured in a story in ...
