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Consumers lose protections with credit union-bank acquisitions: NCUA official

Consumers receive fewer financial protections from tax-exempt credit unions than they do from tax-paying banks and lose protections when credit unions acquire banks, according to a top National...

Mar 05, 2024
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Article
Credit Unions

ICBA poll shows Americans support changing credit union policies

With credit union representatives meeting with members of Congress in Washington this week, ICBA today is releasing new polling data showing Americans support reforms to policies that arbitrarily...

Mar 04, 2024
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Article
Credit Unions

Regulators meeting this week at Community Reinvestment Conference

Regulators meeting this week at Community Reinvestment Conference.

Mar 04, 2024
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Article
Agencies/Regulators 

Poll: Americans Support Changing Policies Favoring Tax-Exempt Credit Unions

The Independent Community Bankers of America (ICBA) today released new polling data showing Americans support reforms to policies that arbitrarily favor credit unions.

Mar 01, 2024
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Article
Credit Unions

CFPB issues guidance on financial comparison-shopping sites

The CFPB issued guidance to law enforcement agencies and regulators explaining how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or...

Mar 01, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA urging opposition to Florida credit union bill

ICBA is encouraging Florida community bankers to respond to the Florida Bankers Association’s request for phone calls opposing state legislation to expand the powers of tax-exempt credit unions.

Feb 29, 2024
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Article
Credit Unions

Fed’s Bowman: CRA rule would constrain community banks

The Community Reinvestment Act final rule issued last fall is unnecessarily complex and would impose disproportionate regulatory burdens on community banks, Federal Reserve Governor Michelle Bowman...

Feb 28, 2024
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Article
Community Reinvestment Act (CRA)

ICBA-backed bill would codify program supporting minority banks

Rep. Joyce Beatty (D-Ohio) introduced ICBA-supported legislation to codify a Treasury Department program to support minority depository institutions and other community banks.

Mar 04, 2024
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Article