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.
CUNA's Examination & Supervision Subcommittee recently established a Bank Secrecy Act Task Force to create a central location for submitting and analyzing BSA compliance and cost concerns and work toward solutions.
State chartered credit unions in New York are very close to obtaining parity not only with the banks in the state regarding a "wild card" law, but also parity with their federal counterparts.
Calling credit union "hostile" takeovers "a serious and imminent threat," the Texas Credit Union League's board has vowed to do all it can to support the targeted credit union.
CUNA plans wide distribution of its analysis of the results of a Government Accountability Office report requested by then-Congressman Bernie Sanders (I-Vt.), which takes the study of the favorable tax treatment of the banking industry one step further.
State chartered credit unions in New York are very close to obtaining parity not only with the banks in the state regarding a "wild card" law, but also parity with their federal counterparts.
Freshman Congressman Gus Bilirakis (R-Fla.) has joined the ever-growing list of lawmakers backing the Credit Union Regulatory Improvements Act (H.R. 1537).