Cost of CU Tax Exemption Jumps 32% in Trump Budget

The estimated 10-year cost of the credit union tax exemption jumped a whopping 32.3% over a year ago, according to the Trump Administration budget released Tuesday. The administration’s budget offered no explanation for the jump from $26.75 billion in Fiscal...

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...