Regulatory & Compliance

ALEXANDRIA, Va. - NCUA has issued a regulatory alert notifying federally insured credit unions of changes to appraisal standards that will take effect shortly. NCUA's Regulatory Alert 06-RA-04 was issued to ensure credit unions were aware of modifications made by the Appraisal Standards Board to the Uniform Standards of Professional...

WASHINGTON - NCUA has found that its own customized XML-based software is most suitable for credit union call reports despite the other federal banking regulators' moves to XBRL. XBRL, or eXtensible Business Reporting Language, was created specifically for the reporting of business and financial data, according to XBRL International, a...

WASHINGTON - In a joint letter to the Federal Housing Finance Board, CUNA and NAFCU asked the board to reconsider a notice of proposed rulemaking that could make it less likely for Federal Home Loan Bank members to receive dividends.

LAS VEGAS - For its support of small businesses in Nevada, Community One Federal Credit Union was recently honored by the Small Business Administration with its Freedom Award.

WEST JORDAN, Utah - For its efforts in helping nearly 300 small businesses last year, Mountain America Credit Union was recently honored by the Small Business Administration.

WASHINGTON-Former Treasury official Sheila Bair was sworn in last week as the 19th chairman of the FDIC.

ARLINGTON, Va.-NAFCU wrote the Office of Management and Budget in favor of the Department of Defense's request for comment on an information collection request concerning commercial solicitations on military bases.

BRISTOL, R.I. - NCUA Vice Chairman Rodney Hood tackled the tough issue of home financing as the featured speaker during the Rhode Island Credit Union League's 72nd Annual Meeting last week.