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Consumer Financial Protection Bureau Investigating Overdraft Charges
The bureau is collating research on key customer service metrics from large banks
Credit union loans experienced highest growth in first quarter of 2022
Data revealed credit unions have “continued to perform well” so far this year
Banking Trade Group Urges CFPB to Further Study Overdraft Use
Follows December’s overdraft report from bureau which considered additional policy guidance
Plans to Expand Credit Union Authority Criticized by ABA
The association objected a bill proposed with the intention to increase credit union memberships
Commercial Loans Hit Record Levels for Community Banks
Recent data shows a dramatic increase in commercial real estate loans in the first half of 2021
Consumers Driving Post-Pandemic Banking Revolution
Many incumbent US banks are not structured for a new digital shift boosting opportunity for fintechs
Blue Ridge Bank Launches PPP Platform for Self-Employed
Platform will help gig workers and contractors access government Covid-19 support
Banks Eased Lending Standards on Personal Loans in Q4: Fed
Further easing is expected but banks warn of a deterioration in loan performance
Payments in 2021: What Lies Ahead after the Digital Boom
It has been a year of momentous change for the payments industry
ABA Hits Out at New Credit Union Debt Rule
The association objects to further capital raising flexibilities for large credit unions that already receive tax exemptions
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