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Pressure mounts on credit unions to cut overdraft fees - Vimarsana News

Pressure mounts on credit unions to cut overdraft fees

Some are eliminating their charges for overdrawn accounts in response to recent reforms by big banks and the consumer-friendly practices of neobank rivals.

A Facebook for credit unions: One trade group's plan to keep members connected - Vimarsana News

A Facebook for credit unions: One trade group's plan to keep members connected

The Louisiana Credit Union League is nearing the launch of a social network that will allow its constituents to stay in touch even when they can't meet in person, whether due to the pandemic or natural disasters.

Record year seen for credit union buyouts of banks - Vimarsana News

Record year seen for credit union buyouts of banks

The economic and political conditions are in place for bank-credit union mergers to blow past last year's total of 13 despite the banking industry's strong opposition to them.

How new NASCUS chief plans to strengthen state credit union system - Vimarsana News

How new NASCUS chief plans to strengthen state credit union system

Brian Knight of the National Association of State Credit Union Supervisors will prioritize collaboration with the National Credit Union Administration in his efforts to help state-chartered institutions stay competitive with federally chartered credit unions as well as community banks and fintechs.

Lenders urge CFPB to scale back small-business data collection plan - Vimarsana News

Lenders urge CFPB to scale back small-business data collection plan

Hundreds of bankers and credit union executives are seeking exemptions and changes to a Consumer Financial Protection Bureau proposal to collect race, ethnicity and gender information about small-business borrowers that they describe as burdensome and unworkable.