The latest from John Pettit

- by The Telegraph

Baby steps

Proportionality is alive and well. This is great news for credit unions because it means regulators are seeing the importance of tailoring regulations to allow credit unions to properly serve ...

- by CUNA News

House bill would prevent SBA direct 7(a) lending

CUNA wrote in support of a bill Tuesday that would prevent the Small Business Administration (SBA) from directly making loans under the 7(a) loan program. Rep. Blaine Luetkemeyer (R-Mo.) ...

- by NAFCU Newsroom

Powell nominated for second term as Fed Chair

President Joe Biden Monday reappointed Jerome Powell for a second term as Chair of the Federal Reserve, head of the U.S. central bank. Powell currently serves in this capacity ...

- by David Baumann, Washington CU Daily

Community coalition joins banks in blasting credit unions

An influential community group last week joined bankers in telling Congress that credit unions are not fulfilling their mission and are not sufficiently accountable to the communities they serve. “Credit ...