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13 Apr 2022, 11:35 am by Alan S. Kaplinsky
With respect to small-dollar lending by credit unions, the GAO reports: [The National Credit Union Administration] established a rule in 2010 to provide a regulatory framework for federal credit unions offering short term, small-dollar loans. [read post]
15 May 2013, 5:00 am by Nicole Kellner-Swick
Quality and sophistication of mobile services vary significantly between credit unions. [read post]
10 Feb 2020, 3:08 am by Edgar (aka MrConsumer)
This service from Experian is called CreditWorks Basic, and it only monitors activity on Experian credit reports and not the other two credit reporting agencies — Equifax and Trans Union. [read post]
24 Jun 2010, 12:47 am by Money Maven
Credit unions originated to provide financial services to customers big banks didn't want - working class folks who couldn't afford expensive loans, for instance. [read post]
20 Oct 2011, 2:50 am by Rob Rutkowski
Member service is always there because, by definition, it’s the member’s money and it’s the member’s credit union. [read post]
29 Sep 2023, 6:51 am by Simon Lovegrove (UK)
On 29 September 2023, there was published in the Official Journal of the European Union (OJ) Commission Implementing Regulation (EU) 2023/2083 of 26 September 2023 laying down implementing technical standards for the application of Article 16(1) of the Credit Servicers Directive with regard to the templates to be used by credit institutions for the provision to buyers of information on their credit exposures in the banking book. [read post]
5 May 2010, 11:21 pm by By DEALBOOK
The European Union's financial services commissioner, Michel Barnier, vented his frustration with American-based credit ratings agencies Wednesday as Moody's Investors Service put Portugal on review for another possible downgrade that could make it more difficult for the country to service its debt. [read post]
11 Apr 2023, 11:23 am by Daily Record Staff
Germantown-based SkyPoint Federal Credit Union announced the three-phased launch of its official business banking service. [read post]
14 Apr 2022, 12:31 pm by Aileen Ng
CFPB Director Rohit Chopra recently gave opening remarks at the joint meeting of the Community Bank and Credit Union Advisory Councils. [read post]
26 Sep 2019, 8:01 am by John Coley (UK) and Lisa Lee Lewis (UK)
On 25 September 2019, the Joint Money Laundering Steering Group (JMLSG) published a notification confirming that it had received ministerial approval for its revised guidance material on credit unions (sector 4), asset finance (section 12) and brokerage services to funds (section 20) of Part II of its anti-money laundering and counter-terrorist financing guidance for the financial services sector. [read post]
10 Feb 2009, 5:19 pm
At least 135 banks and credit unions are reporting that their customer credit and debit cards were among those breached by intruders who hacked Heartland Payment Services last year. [read post]
21 Jan 2013, 6:12 am by Nicole Kellner-Swick
Absent an exception from the National Credit Union Administration (NCUA), credit unions are not permitted by law to have outstanding member business loans exceed 12.25% of their assets. [read post]
19 Jul 2019, 7:34 am by John Coley (UK) and Lisa Lee Lewis (UK)
On 18 July 2019, the Joint Money Laundering Steering Group (JMLSG) announced its plans following the responses to the an earlier consultation on sectors 4 (Credit unions) and 20 (Brokerage services to funds) of Part II of its anti-money laundering (AML) and counter-terrorist financing (CTF) guidance for the financial services sector. [read post]
22 Aug 2016, 11:18 am by Barbara S. Mishkin
  He stated only that “[a]s I have expressed in the past, the Bureau recognizes that community banks and credit unions did not cause the financial crisis. [read post]