Regulatory & Compliance

NEW YORK -- Leaders from community development credit unions met with leaders from two New York City departments recently to discuss how CDCUs could take a larger role in fighting poverty in the city.

NEW YORK -- Leaders from community development credit unions met with leaders from two New York City departments recently to discuss how CDCUs could take a larger role in fighting poverty in the city.

LYNCHBURG, Va.-- The Virginia Credit Union League's Director of Public Relations and Communications Lewis Wood informed Credit Union Times today that Reggie Jones will not be lobbying on its behalf during the 2008 General Assembly.

ALEXANDRIA, Va. -- The way NCUA calculates the operating fee that federal credit unions pay to support the agency's regulatory and enforcement efforts is on the agenda of the agency's December board meeting.

ALEXANDRIA, Va. -- NCUA Board Member Gigi Hyland told a hearing of the House Financial Services Committee today that whatever federal reform measures are enacted in the current crisis must be even-handed between federally chartered and non-federally chartered mortgage originators.

SALT LAKE CITY -- One of the reasons some members of the $186 million Beehive Credit Union oppose their CU's proposed move to a mutual bank is the key role they contend a noted Utah banking lobbyist plays on the CU's board.

The Small Business Administration has named a new chief of staff and an associate administrator for the agency's Office of Capital Access.

The Financial Crimes Enforcement Network has asked for nominations for its Bank Secrecy Act Advisory Group.