MIDLAND, Mich.—While many speculate on the impact of removing the credit union tax exemption, few have crunched the numbers. Now one credit union CEO has done the math—and believes he’s found a solid answer.
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WASHINGTON— With the credit union tax exemption this year facing what may be its greatest challenge, some credit unions are exploring their options in case the fight is lost. One possibility under discussion, according to one analyst, is converting to a bank.
LAKE FOREST, Ill.—What are the keys to pricing these days? Making wise choices based on both art and science, according to Moebs $ervices, whose data shows which states' financial institutions are getting this right, and which ones are making mistakes.
WASHINGTON—President Trump has signed an executive order aimed at eliminating a handful of federal advisory committees. And among them, the CFPB’s Credit Union Advisory Council (CUAC).
LONDON—As crooks get better at using deepfakes to fool bank and credit union staff, a new study reveals only 0.1% of people can accurately detect AI-generated deepfakes, noting this threat is “overwhelming."
LAKE TAPPS, Wash.—An analysis of credit union mergers in the fourth quarter of 2024 reveals some interesting—and concerning—trends, CEO Advisory Group reports.
NASHVILLE—When natural disasters strike, such as hurricanes and wildfires, credit unions are always first to respond to help members and communities get back on their feet. But who is standing by to help when financial disasters arrive due to a life-changing cancer diagnosis?
WASHINGTON—House Financial Services Committee Chairman French Hill (R-AR) and Senate Banking Committee Chairman Tim Scott (R-SC) have introduced Congressional Review Act (CRA) resolutions to overturn the CFPB's final rule capping overdraft fees at $5 for FIs above $10 billion in assets.
TROY, Mich.—What’s the outlook for credit cards in 2025? A new J.D. Power study has answers.
WASHINGTON—Will the CFPB halting its supervisory work open the door for Elon Musk to form a financial services company? And how would that affect payments competition?