BOSTON–A bill in the Massachusetts legislature would allow state chartered banks to convert to a credit union charter or merge into a credit union. Such a change might pave the way for credit unions to acquire banks in the state.
Fresh Today
GREENWOOD VILLAGE, Colo.–Mortgage origination costs have gotten higher in 2017, and one analysis suggests the trend will only continue in 2018.
WASHINGTON—NAFCU said it continues to monitor the House Ways and Means Committee this week as members review the tax bill, the Tax Cuts and Jobs Act (HR 1). After two days of amendments, the credit union tax exemption remains untouched, the trade association reported Wednesday.
AUSTIN, Texas–Two proposed amendments to the Texas State Constitution that had the strong backing of credit unions here were both passed by voters.
WASHINGTON–The Independent Community Bankers of America has issued a statement that it is generally supportive of the tax reform legislation that has come out of the House Ways & Means Committee, but also noted it has “serious concerns” that the proposal does not change the tax exemption of credit unions.
IRVINE, Calif.—A new forecast for where home prices are headed has been published, and with it analysis that suggests more than a third of the top 100 markets are overvalued.
PALM DESERT, Calif.–CUNA CEO Jim Nussle told an audience here credit unions are at a tipping point, and noted CU membership is growing at a pace five times faster than U.S. population growth.
PALM DESERT, Calif.–Credit unions nationally now make nearly one in every three auto loans made in the United States, according to Tony Boutelle.
PALM DESERT, Calif.–The wildfires in California and the hurricanes that hit other portions of the U.S. have gotten well-deserved attention, but one person is urging credit unions not to forget about a CU movement that has also been devastated.
LOMBARD, Ill.– When it comes to the financial behaviors and preferences of Generation Z, new research has uncovered several counterintuitive findings.