Regulatory & Compliance

WASHINGTON -- Senator Mary Landrieu (D-La.) received a bracing standing ovation from the attendees at CUNA's Governmental Affairs Conference today when she announced that she would introduce the Credit Union Regulatory Improvements Act in the Senate.

The Credit Union Regulatory Improvements Act (H.R. 1537) is at its highest level of co-sponsorship in its three-congressional session history and is finally getting a full committee hearing.

MADISON, Wis. -- In separate actions Tuesday, the Wisconsin Bankers Association insisted Tuesday a bill introduced last week to impose Community Reinvestment Act rules on credit unions has plenty of staying power this session while also moving to amend the measure eliminating CUs under $100 million.

BELLINGHAM, Wash. -- Managing old documents to meet compliance regulations has been automated at Whatcom Educational Credit Union (www.wecu.com).

BELLINGHAM, Wash. -- Managing old documents to meet compliance regulations has been automated at Whatcom Educational Credit Union (www.wecu.com).

MADISON, Wis. -- In separate actions Tuesday, the Wisconsin Bankers Association insisted Tuesday a bill introduced last week to impose Community Reinvestment Act rules on credit unions has plenty of staying power this session while also moving to amend the measure eliminating CUs under $100 million.

WASHINGTON -- NCUA Board Chairman JoAnn Johnson will seek to reassure federal lawmakers about the financial health of credit unions when she joins other banking regulators testifying today before the Senate Committee on Banking, Housing and Urban Affairs.

WASHINGTON--Congressmen Paul Kanjorski (D-Pa.) and Ed Royce (R-Calif.)--champions of the Credit Union Regulatory Improvements Act (H.R. 1537)--have introduced a sister bill of regulatory relief basics.