Remembering 9/11

After the first plane hit the North Twin Tower in New York City on Sept. 11, 2001,  Kam Wong, then the CFO of the $2.5 billion Municipal Credit Union, decided that all employees must evacuate the headquarters building just a few yards from the Ground Zero site....

Community Bankers Tell Congress They Need Reg Relief Too

The nation’s community banks are joining credit unions in appealing to Congress to provide regulatory relief for small financial institutions. The letter follows on the heels of a letter CFPB Director Richard Cordray sent to senators who had requested that the...

Banking Trades Seek Delay on Military Lending Rules

CUNA has asked the Department of Defense for six-month delay in implementing new rules designed to protect service members from predatory lenders. Last week officials with CUNA and the American Bankers Association said they were still confused by the rules, scheduled...