CU Trades Seek Exemption From CFPB Payday Loan Rule, But Differ on Scope

The differences between the two groups are important, since some credit unions offer short-term loans that are not based on the PAL model.

By David Baumann | May 16, 2019 at 10:56 AM

Credit union trade groups want an exemption from CFPB for small-dollar loans made by credit unions, but they are divided about how broad that exemption should be.

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Group: Let Credit Unions Reimburse Board Members for Childcare

By Jim DuPlessis | May 07, 2024

America's Credit Unions sends a four-page letter asking the NCUA board to reverse a rule set in 1992.

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CUs Designated as Public Depositories After Bill Signed by Florida Governor

By Michael Ogden | May 02, 2024

Officials call this a "transformative step" enabling credit unions to conduct new business in the state.

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Shared Accounts With CU Times: Questioning the Merger Approval Process

By Michael Ogden | April 26, 2024

Louisiana Corporate Credit Union CEO David Savoie shares why more transparency is needed in the months leading up to a credit union merger.

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