Courts have validated the legal theory behind punishing lenders for unintentional discrimination, but the Trump administration has shown interest in revising the Obama-era policy.
EVP of governmental affairs and general counselNAFCU
Bankers would be better off cleaning their own houses and focusing on deregulation efforts, instead of going after credit unions, suggests NAFCU's Carrie Hunt.
The agency will have to rework its strategy for amending its payday lending rule after a federal court rebuffed efforts to stop the rule from going into effect.
Despite strong growth in the auto sector, credit unions continue to push to get members who join via indirect auto lending to add products and services, and fully engage with the CU.
From YouTube test drives to subscription services, auto lending isn’t what it used to be – and credit unions need to ensure they’re keeping up with the times.
Millennials may be the largest demographic in America today, but one marketing expert says credit unions who ignore older potential borrowers do so at their own peril.
