CU Trades Blast Community Bankers Over MBL Suit

Credit union trade groups on Wednesday blasted the Independent Community Bankers of America for filing suit over the NCUA’s new MBL rules, contending that the suit amounts to a publicity stunt and a baseless attack on credit unions. “This suit raises to a...

Community Bankers Sue NCUA Over MBL Rules

The Independent Community Bankers of America filed suit in federal court on Wednesday, challenging the NCUA’s new MBL rules, contending that the regulations allow credit unions to exceed limitations on business loans that were established by Congress. In the...

CU Direct Shows Strong Loan Growth for Credit Unions

Credit unions employing CU Direct have grown to represent the nation’s third-largest auto lender based on originations, according to the CUSO based in Ontario, Calif. The rank was reached through the 529,000 auto loans credit unions originated through CU...