Trade group’s analysis shows credit union capital cushions would suffer a $490M hit.
A total of $12,820 in civil money penalties will go to the U.S. Treasury.
Nation’s first U.S. Department of Homeland Security Secretary set to deliver a keynote address in March.
The House Financial Services Committee Chairman says reducing regulatory burden on community financial institutions is a priority.
Both CUNA and NAFCU say they support efforts that would require retailer accountability for breaches.
Federal Credit Union Act provides “interpretive flexibility” to implement a two-tier risk-based net worth system.
ALEXANDRIA, Va. — NCUA Chairman Debbie Matz says she contacted 11 law firms nationwide for feedback.
ALEXANDRIA, Va. — The NCUA removes the controversial provision from its new RBC rule, but NAFCU says exam concerns remain.
NCUA Board Member J. Mark McWatters says the rule lacks legal authority.
ALEXANDRIA, Va.-The NCUA Board's revised risk-based capital rule lowers consumer loan and MBL requirements and removes IRR.