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2013 News
$1.18 million in low-income CU grants available
(May 22, 2013)
Topics: Daily News
NCUA said Tuesday it is making up to $1.18 million in grants available to low-income credit unions through the 2013 Community Development Revolving Loan Fund grant initiatives.
Capito, Meeks cite CUs’ QM concerns
(May 22, 2013)
Topics: Daily News
Credit unions’ concerns about the CFPB’s qualified mortgage standard were invoked numerous times by lawmakers in a House Financial Services subcommittee hearing with witnesses from CFPB’s regulations and mortgage markets offices.
CEI praises Udall MBL cap increase bill
(May 22, 2013)
Topics: Daily News
The Competitive Enterprise Institute on Tuesday praised the bipartisan legislation introduced by Sens. Mark Udall, D-Colo., and Rand Paul, R-Ky., to raise the statutory member business lending cap to 27.5 percent for eligible credit unions.
Cordray joins Annual Conference speaker slate
(May 22, 2013)
Topics: Daily News
CFPB Director Richard Cordray has joined the July 11 general session speaker slate for NAFCU’s 46th Annual Conference and Solutions Expo, which runs July 9-13 in Boston.
Giant retail group to reject credit card settlement
(May 22, 2013)
Topics: Daily News
The National Retail Federation yesterday said it will formally oppose the proposed $7.25 billion settlement of a class action targeting Visa and MasterCard credit card interchange fees.
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