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  2. How to open a savings account for a baby or child - AOL

    www.aol.com/finance/open-savings-account-baby...

    A downside of custodial accounts is that since the assets are owned by a minor, it could impact the ability of the child to get federal financial aid for college.

  3. Bank regulation in the United States - Wikipedia

    en.wikipedia.org/wiki/Bank_regulation_in_the...

    The Truth in Savings Act (TISA), implemented by Regulation DD, established uniformity in disclosing terms and conditions regarding interest and fees when giving out information and when opening a new savings account. On passing the law in 1991, Congress noted it would help promote economic stability, competition between depository institutions ...

  4. List of credit unions in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_credit_unions_in...

    This is a list of credit unions in the United States. A credit union is a member-owned financial cooperative , democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [ 1 ]

  5. Navy Federal Credit Union - Wikipedia

    en.wikipedia.org/wiki/Navy_Federal_Credit_Union

    Navy Federal Credit Union (or Navy Federal) is an American global credit union headquartered in Vienna, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). Navy Federal is the largest natural member (or retail) credit union in the United States, both in asset size and in membership.

  6. Lawmakers call on federal regulators to review Navy Federal ...

    www.aol.com/senators-call-federal-regulators...

    A CNN investigation last month found that Navy Federal approved more than 75% of the White borrowers who applied for a new conventional home purchase mortgage in 2022 while approving less than 50% ...

  7. Newest Navy Federal Promotions, Bonuses, Offers and ... - AOL

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  8. Credit unions in the United States - Wikipedia

    en.wikipedia.org/wiki/Credit_unions_in_the...

    Credit unions are exempt from the Community Reinvestment Act, a U.S. federal law that encourages banks to provide services in low- and moderate-income areas. [ 34 ] In 2006, U.S. credit unions approved 69% of mortgage applications they received from low- and moderate-income individuals, while other U.S. mortgage lenders approved only 47% ...

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