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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.
For CU Times, openness leads to honesty, which helps all of us navigate this industry to a better place during crazy times.
Why Congress and regulators "need to take a holistic view of what's wrong with our banking system."
Trade officials say bank failures are related to a high amount of uninsured deposits and over-concentration on one industry.
The proposed budget also increases SBIC lending programs to nearly $58 billion.
The federal agency says the Brooklyn, N.Y., financial cooperative was not operating in a safe and sound manner.
The NCUA has previously made five rounds of similar distributions since 2020.
The TABS Act comes on the heels of the Supreme Court agreeing to hear a case that may dismantle the bureau.
The #NAFCUNation digital and social media campaign aims to showcase the strength of the credit union industry.
This legal can of worms raises a lot of questions with few clear answers for credit unions.
NAFCU officials say undermining the CFPB could create "chaos" and potentially threaten NCUA independence.