Consumer Financial Protection Bureau Director Richard Cordray said his agency is discussing how best to proceed on additional regulations concerning overdraft protection and other checking account disclosures. The CFPB could issue proposed rules later this year.
The disagreement between financial institutions and regulators over changes in the exam process may not be resolved on Capitol Hill any time soon.
WASHINGTON — With legislation to raise the cap on member business loans languishing in committee, CUNA reached out to business groups to help make its case.
Except for Newt Gingrich’s two mischaracterizations, credit unions haven’t come up as an issue in this election campaign so far.
For another week, the dispute over the CAMEL rating disclosure involving the NCUA, the North Carolina Credit Union Division and the $23 billion State Employees’ Credit Union of Raleigh, N.C., continued to roil the state’s CUs as managers expressed new frustration and anxiety over dual exams.
Republican chair of House Financial Services Committee being probed for possible insider stock trading.
State regulator disputes NCUA meeting account; SECU's Blaine lashes NCUA about "underpants on fire."
ABA economist says supplemental capital bid "another attempt by credit unions to be more like banks."
Congressmen and businessmen got together on Capital Hill to call for a lifting of the member business lending cap for credit unions.
The three big credit union trade associations worked for years to find a way to allow supplemental capital for non-low income credit unions.