by GrafWebCUSO | Jun 8, 2017 | News
As the House prepared to pass a Republican plan to overhaul Dodd-Frank, Senate Banking Chairman Mike Crapo (R-Id.) said Thursday that his committee won’t produce its bill for at least several months. And the goal, Crapo said, is to produce a bipartisan package...
by GrafWebCUSO | Jun 8, 2017 | News
I have a lot of questions for credit union executives, marketers, tellers and pro- and anti-credit union lobbyists. And for this column I’m taking a break from Dodd-Frank, peer-to-peer payment trends and any credit union employee that has been busted for fraud...
by GrafWebCUSO | Jun 8, 2017 | News
Credit unions accelerated consumer lending twice as fast as other financial institutions in April, primarily with the power of auto loans, the Federal Reserve reported Wednesday. Total consumer credit stood at $3.8 trillion on April 30, up 5.9% from a year earlier,...
by GrafWebCUSO | Jun 8, 2017 | News
The $5 billion Pennsylvania State Employees Credit Union in Harrisburg worked with undercover police investigation that led to the arrest of three Philadelphia men who allegedly used Instagram to steal from financial institutions. Pennsylvania Attorney General Josh...
by GrafWebCUSO | Jun 8, 2017 | News
When you get a relatively cozy credit union crowd together for two days in the heart of the credit union universe, some interesting things happen. On day two of Disruption ’17 by CU Water Cooler, in Madison, Wis. there was a sense of impending good coming to the...
by GrafWebCUSO | Jun 7, 2017 | News
The Republican staff of the House Financial Services Committee has recommended that the panel cite CFPB Director Richard Cordray for contempt, saying that he has failed to give the panel documents related to the agency’s probe of Wells Fargo Bank. House...
