CU Delegation Meets With Fed Vice Chair; AACUL Hires First Director of Advocacy 02/06/2024 07:39 pm WASHINGTON—Credit unions met this week with Federal Reserve Vice Chair Philip Jefferson to discuss a range of policy priorities, America’s Credit Unions reported.
Banking Groups File Suit Against Regulators Over New Rules Related to Redlining 02/06/2024 07:38 pm WASHINGTON–A coalition of banking industry trade groups has filed suit against the Federal Reserve, FDIC and Office of the Comptroller of the Currency, claiming the regulators have overstepped their authority with new laws aimed at reversing the effects of redlining.
Nation’s Biggest Banks Going All in on Branches 02/06/2024 07:41 pm NEW YORK–While the future of branches remains the subject of debate, with credit unions coming down on both sides of the question, the nation’s largest banks are going all in on branch expansion.
Here’s What Loan Officers are Reporting When it Comes to Lending Standards 02/06/2024 07:41 pm WASHINGTON–The Federal Reserve’s Senior Loan Officer Opinion Survey (SLOOS) for January has found tighter standards and weaker demand for commercial and industrial (C&I) loans to borrowers of all sizes during Q4.
With a Charge From EVs, New Vehicle Sales Made Big Gains in 2023 02/06/2024 07:40 pm LAWRENCEVILLE, Ga.—New vehicle sales, notably electric vehicles, made impressive gains in 2023, Black Book is reporting.
TruStage to Host Webinar Today Titled, 'Lending Redesigned: The Convergence of Technology and Finance in the Digital Age’ 02/06/2024 07:41 pm MADISON–TruStage will host a Discovery webinar today titled Lending Redesigned: The Convergence of Technology and Finance in the Digital Age. The webinar will run from 2-3 p.m. ET.