Quantcast
Go Search
 
Home Sections News Research Careers Podcasts Directory Web Seminars Calendar Subscriptions

 Credit Union Times Recent Articles 

Regulatory/Compliance
NAFCU Offers Webcast on HMDA Reporting
November 20, 2009
Credit union employees who want to learn how to comply with the Home Mortgage Disclosure Activity reporting requirements that recently went into effect can participate in NAFCU’s Dec. 2 Webcast on the subject....
NCUA Names Buckham to Head New Consumer Office
November 20, 2009
Kent Buckham, who has held several key positions at the NCUA, has been chosen to be the first director of the agency’s Office of Consumer Protection....
On-Site Coverage: NCUA Set to Approve Proposed Corporate Capital Increase
November 19, 2009
ALEXANDRIA, Va. — The NCUA will propose increased capital requirements for corporate credit unions....
On-Site Coverage: More CUs at CAMEL 4 and 5
November 19, 2009
ALEXANDRIA, Va. — NCUA CFO Mary Ann Woodson told the board today that as a result of the sluggish economy, 5.58% of all insured shares are in credit unions with CAMEL 4 or 5 ratings and there are 337 credit unions with such ratings. ...
NCUA Proposes Increased Capital Requirements for Corporates; Approves 2010 Budget
November 19, 2009
Corporate credit unions would higher capital requirements, more limits on the type of investments they can make and more disclosure requirements for the executive and board compensation under proposed rules that the NCUA sent out for public comment today....
Trades Praise Corporate Credit Rules but Pledge to Examine Them Thoroughly
November 19, 2009
CUNA, NAFCU and NASCUS said there were few surprises in the proposed corporate credit union rules that the NCUA Board sent out for 90 days of public comment today, but pledged to examine them carefully and submit comments to the agency....
CUNA and NAFCU Blast NCUA Budget
November 19, 2009
CUNA and NAFCU said the 13% budget increase approved by the NCUA Board today was excessive given the financial difficulties facing many credit unions....
Matz Urges Frank to Exclude Credit Unions From Systemic Risk Fund
November 18, 2009
Mandating that credit unions pay into a fund aimed at rescuing large financial institutions isn’t equitable and would hurt credit union members, NCUA Chairman Debbie Matz wrote in a letter to House Financial Services Committee Chairman Barney Frank....
NCUA Board Meeting to Discuss Corporate Rules and the Agency’s 2010 Budget
November 18, 2009
At its second to last meeting of the year on Nov. 19, the NCUA Board is scheduled to issue its long-awaited proposed rules for revamping the structure of the corporate credit union system. The meeting will crunch some numbers for the agency’s 2010 budget....
Matz Promises Flexibility
November 18, 2009
Conceding that it is a “fine balance,” NCUA Chairman Debbie Matz told two key lawmakers that the agency is modifying its examination standards to give credit unions more flexibility while being certain that safety and soundness standards are being met....
Federation Hopes Seminar Helps Start Conversation About the Underserved
November 18, 2009
The National Federation of Community Development Credit Unions will sponsor what is it has called an “intensive seminar” on the Community Reinvestment Act and the NCUA’s data collection ...
State League On-Site Compliance Visits Undergo Surge
November 18, 2009
State leagues are witnessing a surge in doctor house calls, so to speak....
NCUA and Other Regulators Issue Privacy Form
November 17, 2009
A form that allows consumers to limit how much information credit unions and other financial institutions can share with others, has been approved by the NCUA and seven other regulatory agencies....
Pentagon FCU’s Pollack to Testify on Overdraft Bill
November 16, 2009
Pentagon Federal Credit Union President/CEO Frank Pollack is scheduled to be one of five witnesses to testify at Tuesday’s Senate Banking Committee hearing on legislation to restrict overdraft fees....
Think Tanks Debate Urgency of Overdraft Changes
November 13, 2009
Two groups following the overdraft debate and new rules by the Federal Reserve have provided different perspectives on credit union and banks’ compliance burden....