25 Credit Unions Slapped With Civil Penalties

Twenty-five credit unions consented to $10,365 civil penalties for filing late 2016 fourth quarter Call Reports, the NCUA said Tuesday. In the fourth quarter of 2015, 22 credit unions consented to penalties. The $483 million Qualstar Credit Union in Redmond Wash., got...

Experts React to Trump Budget Cuts of College Loan Aid

President Trump’s proposed budget released Tuesday will reduce the number of youth going to college, and saddle many of those graduating with greater debt, consumer groups said. Trump’s 62-page “America First: A Budget Blueprint to Make America Great...

Trump Budget: CDFI Gone, CU Tax Exempt Status Examined

The Trump Administration’s comprehensive Fiscal 2018 budget, released Tuesday, again proposes eliminating the Community Development Financial Institutions program, and includes as a plan to make the CFPB subject to the annual appropriations process. The budget...