Good News, Bad News for Credit Unions and Millennials

There is good news and bad news for credit unions and millennials. The good news is that 20% of millennials in the age group, 18-24, use credit unions as their primary financial institution. The bad news is that only 10% of millennials, age 25-34, use credit unions as...

CUNA, NAFCU Unite to Fight Bankers’ MBL Suit

The two major credit union trade groups have joined forces and hired a prominent Washington D.C. law firm to fight a lawsuit filed by the Independent Community Bankers of America over the NCUA’s member business lending rules. CUNA and NAFCU have announced they...

Feds Review Wells Fargo Labor Practices

As Wells Fargo CEO John G. Stumpf was being grilled with questions and criticisms by the U.S. House Financial Services Committee in Wash. D.C., Thursday, a top-to-bottom review of cases, complaints and violations over the bank’s employment practices is under way...