Credit Union Summer Tour

I’ve been traveling a lot in the past month for both work and not-work reasons. On each trip, I’ve made a point to ask people, family members, Uber drivers and business professionals about credit unions to see what they know and think. I spoke with 18...

Senate Confirms Jay Clayton as SEC Chairman

The full Senate confirmed Jay Clayton as chairman of the Securities and Exchange Commission by a 61-37 vote this week. Industry groups were quick to applaud the former Sullivan & Cromwell partner’s appointment, with most expressing their view that...

NCUA Receives $400 Million From Credit Suisse Settlement

The NCUA has received $400 million from Credit Suisse for claims filed in connection with purchases of residential mortgage-backed securities by three corporate credit unions, the agency announced Wednesday. The agency said legal recoveries in connection with the...