‘The CFPB is simply not listening,’ credit union group says
Credit unions continue to press the Consumer Financial Protection Bureau for regulatory relief, arguing that existing exemptions have not gone far enough. American Banker: Feed
Credit unions continue to press the Consumer Financial Protection Bureau for regulatory relief, arguing that existing exemptions have not gone far enough. American Banker: Feed
CUs will have improved opportunities to add areas, sources say, but new rules ‘not a panacea.’ American Banker: Feed
After recording a $ 35.9 million quarterly loss, the online small-business lender said that it plans to reduce its annual expenses by $ 20 million, cut 11% of its staff and more than double its loan-loss provision from a year earlier. American Banker: Feed
Total loans rose 7%, but the provision for loan losses jumped 27% to $ 1.7 billion. American Banker: Feed