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CU Times covers the NCUA, CUNA, NAFCU, CFPB as well as Congress to keep credit union executives up-to-date on regulatory and compliance changes coming out of Washington, D.C.
NCUA and other federal financial regulators have proposed adding additional paragraphs of text at least one chart to consumer statements on subprime mortgage loans.
Even though U.S. Representative Melvin Watt's visit last week to the $143 million Charlotte Metro Credit Union was not part of the formal push among credit unions to meet their representatives in their home districts this year, credit union lobbyists say it's the kind of thing they hope happens a...
The Federal Home Loan Banks of Chicago and Dallas have jointly announced that they are evaluating the benefits and feasibility of combining the two institutions.
The allegation in Paul Gentile's Aug.1, 2007 column of a lack of support for CURIA by large credit union CEOs, and insinuation that it's part of a plot to take over smaller credit unions, are not only unsupported, they're wrong, potentially damaging to the entire credit union movement, and give...
CUNA has written the Federal Reserve Board in favor of curbing certain predatory lending practices in light of the board's recent hearings on home equity lending.
NCUA Board Member Gigi Hyland addressed the latest best practices credit unions may consider in order to protect their members from data breaches and security risks during a recent podcast.
The Federal Reserve has announced that it is providing liquidity to help calm the financial markets after its recent decision not to raise rates.
NCUA informed a Hawaii law firm that its regulations do not pre-empt the Hawaii Financial Abuse Act that requires federal credit unions to report suspected financial abuse of an elder.
In a recent legal opinion letter, NCUA stated that federal regulation pre-empts a Georgia state law prohibiting charging fees to non-accountholders for cashing share drafts on federal credit unions.
While NAFCU shares the agency's concerns over member access to the courts, NCUA should not re-incorporate its bylaws into regulation at this time.
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