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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.
The board approves a new approach to managing risk at the agency.
CUNA and NAFCU have argued for years to place the bureau under a traditional appropriations process.
The $367 million proposed budget appears to mostly align with inflation increases.
Provisions are dropped that would have limited credit card fees for large banks and Navy Federal Credit Union.
Invest in technology that allows your CU to innovate its offerings while reducing the costs of complying with Federal laws and regs.
Mingo County Education FCU and O.F. Toalston FCU were operating under unsafe and unsound practices, the federal agency says.
CUNA and its political action committee CULAC announce another $2.5 million toward midterm elections.
To help all communities thrive, the Biden Administration should partner with CDCUs as it implements the Fund.
Backed by NAFCU and CUNA, the legislation would reduce the number of times CU boards must meet each year.
Eight financial services trade groups send a letter to House leaders warning of the bill's potential impact.