Regulatory & Compliance

For more than 25 years, credit unions have used multi-featured, open-end lending as their preferred method to make non-real estate, secured consumer loans. Approximately half of all credit unions use this lending approach, and about 60% of credit unions with assets of more than $100 million use multi-featured, open-end lending...

To protect credit union investment programs from the "whimsical interpretation by the various state securities regulators," a regulation is sorely needed that would put them on par with banks.

NCUA Chairman JoAnn Johnson and NASCUS Chairman Linda Jekel signed an agreement today reiterating the continued commitment of the federal and state regulators to work together to ensure the safety and soundness of all federally insured, state-chartered credit unions.

The New York State Credit Union League has learned that Governor Eliot Spitzer has signed credit unions' "wild card" bill into law.

Contrary to recent published reports, NCUA said it has not issued a prepared proposal regarding "hostile" takeovers within the credit union industry.

Contrary to recent published reports, NCUA said it has not issued a prepared proposal regarding "hostile" takeovers within the credit union industry.

With five members of the New Jersey Congressional delegation signed as co-sponsors of CURIA, support work of the New Jersey Credit Union League is getting noticed by the banking lobby.

With five members of the New Jersey Congressional delegation signed as co-sponsors of CURIA, support work of the New Jersey Credit Union League is getting noticed by the banking lobby.