Search
 

Time is Ticking for Regulatory Reform

NAFCU encourages credit unions to make their voices heard with lawmakers in their local congressional districts and in Washington.

By Carrie Hunt | Updated on February 24, 2017

The expansion and contraction of financial regulation often follows the arc of a pendulum, a slow and ponderous trajectory that is invariably drawn backwards as tempers cool and confidence in the financial sector exerts its influence. After the financial crisis, the forces pushing the pendulum in the direction of complex regulatory standards were born out of fear and distrust of large banks. However, credit unions were also swept up in the whirlwinds of the Dodd-Frank Act, despite having played no part in the financial crisis. Since that time, credit unions have been waiting for the pendulum to swing back in the other direction and for the stifling regulatory environment to loosen. At NAFCU, we have been working on creating a better regulatory environment in 2017 and beyond.

The Stop Watch

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.