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ALEXANDRIA, Va.–The NCUA board has put out for comment a proposed rule related to credit union acquisitions of banks—although both Chairman Rodney Hood and agency staff stressed that credit unions do not technically purchase banks­–with a focus on clarifying the process. 

AUSTIN, Texas–Credit union members who don’t like the auto loan offer handed to them by the dealership’s F&I department can now tap a button on their phone to get another deal.

WASHINGTON—NCUA selling its portfolio of taxi medallion loans is not an appropriate step at this time, as it may harm not only the credit unions holding taxi medallion loans but ultimately all federally insured credit unions due to the effect on the NCUSIF, CUNA and three credit union leagues told the agency in a comment letter.