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Banks battle with credit unions as National Credit Union Day approaches
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Credit unions have much to celebrate as they approach National Credit Union Day on October 17. Credit-union assets more than quadrupled during the past 15 years, from $69 billion in 1980 to about $318 billion at the start of 1996. The National Credit Union Share Insurance Fund is running a surplus for the second consecutive year. And credit-union membership now stands at 70-million people -- 30 percent of adults in the U.S.
Unambiguously, the growth in credit unions has come at a cost ...
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Credit Union battle will rage on in Washington
Texas Banking
; Bankers must engage themselves in the coming legislative battle in Congress if the industry is to protect the immensely important credit union decision handed down by the United States Supreme Court on February ... the high court agreed with the banking industry's charge that the National Credit ...
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Credit Union Task Force develops 2005 strategy
Texas Banking
; ... we advanced last year in our fight against the morphed credit unions. With banker support, we blocked HR 3579, the Credit Union Regulatory Improvements Act of 2003. Thanks to thousands ... unfair expansion and mega customer base of these bank-like credit unions. Mike Rigby, chairman of ...
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