by GrafWebCUSO | Jan 25, 2017 | News
Having been dealt a setback in federal court, the Independent Community Bankers of America is vowing to “level the tax and regulatory playing fields” between banks and credit unions “through all appropriate avenues.” ICBA President Camden Fine...
by GrafWebCUSO | Jan 24, 2017 | News
2016 was a slow year for credit union mergers. The NCUA approved 200 consolidations last year. That’s down from the 238 approved mergers in 2015, and much lower from the 262 mergers in 2014 and the 258 mergers approved by the federal agency in 2013. At the end...
by GrafWebCUSO | Jan 24, 2017 | News
A federal judge in Virginia on Tuesday dismissed the suit filed by community bankers challenging the NCUA’s new Member Business Lending Rules. Judge James C. Cacheris of the Eastern District of Virginia said the lawsuit filed by the Independent Community Bankers...
by GrafWebCUSO | Jan 24, 2017 | News
Speculation about delays in the implementation of controversial and long-anticipated Department of Labor fiduciary rules may have some credit unions wondering whether to ease up on efforts to prepare for new compliance hurdles, but two experts say credit unions...
by GrafWebCUSO | Jan 24, 2017 | News
A branch of CUNA Mutual Group said Tuesday that it has invested in a California technology firm that provides credit union members with an easy way to explore and apply for loans online or via their mobile devices. CMFG Ventures, LLC, the new venture capital entity of...
by GrafWebCUSO | Jan 24, 2017 | News
Democratic attorneys general from 17 states are seeking to intervene in a lawsuit challenging the makeup of the CFPB, contending that if allowed, the Trump Administration will seek to dismantle the agency. “According to numerous media accounts, the Trump...
