Regulatory & Compliance

SALT LAKE CITY -- Stymied for years by restrictive state law, the Utah League of Credit Unions is now looking at a ballot initiative perhaps this fall to provide relief on business loans and expansion, according to Scott Simpson, president/CEO.

ALEXANDRIA, Va.- NCUA Board Member Gigi Hyland will host a web based information event for credit unions which will highlight the agency's recent attention to the relationships between credit unions and their third-party venders, among other regulatory priorities the agency announced today.

SALT LAKE CITY -- The president/CEO of the Utah League of Credit Union, Scott Simpson, apparently leads the pack in spending the most on lobbying state lawmakers during 2007, according to state records highlighted last week by the Salt Lake Tribune.

WASHINGTON -- Small business owners and others including NAFCU have nominated more than 80 existing regulations for review and reform in response to the Small Business Administration Office of Advocacy's Regulatory Review and Reform (r3) initiative.

RICHMOND, Va. -- The Coalition for Credit Union Charter Options, the banker led group which advocates in favor of credit unions changing to mutual banks, has filed an appeal of the case it lost in the Federal District Court.

RICHMOND, Va. -- The Coalition for Credit Union Charter Options, the banker led group which advocates in favor of credit unions changing to mutual banks, has filed an appeal of the case it lost in the Federal District Court.

WASHINGTON -- CUNA reported that credit union contributions to its Credit Union Legislative Action Council, its political action committee, hit a record of more than $2 million.

Finding out what executives at some of the nation's companies, including some of the credit union industry's competitors and third party vendors, earn in salaries, bonuses, stocks, and options has just gotten easier, according to the Securities and Exchange Commission.