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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 CDFI and CDRLF funds are not exactly what credit union trades were pushing for.
Higher Growth helps alleviate the pain points of compliance and technology implementation for CUs serving cannabis businesses.
Delaying the deal's closing is running up costs and uncertainty for both financial institutions, court documents show.
Credit unions counter the "Community Reinvestment Act" was intended to counter illegal practices of banks.
Adding the SAFE Banking and SECURE Notarization Acts would provide CUs protection and guidance, the trade groups say.
For the last decade, our community businesses, consumers and FIs have suffered from this detrimental piece of legislation.
New York financial cooperative is required to address and reconcile various record-keeping issues.
Permitting the deal to close before a decision on appeal would undermine the legal authority and duties, the TDFI argues.
House Subcommittee takes steps to establish data privacy and security enforcement oversight.
The bureau is collecting information from FIs concerning overdraft and NSF policies.