Plan is to remove all limits on member business loans except those imposed by statute, says NCUA Chairman Matz.
NCUA board adds the rule to its monthly board agenda.
NAFCU and CUNA prepare to protect tax exemption this year in anticipation of possible tax reform.
Credit Union Financial eXchange aims to find strategies to reduce time, costs associated with systems integration.
The House reauthorizes the Terrorism Risk Insurance Act, which also guarantees a Federal Reserve Board spot for a community banker, but no credit union parity.
Trade group advises NCUA to look internally for better ways to protect member data.
Chairman Debbie Matz also estimates the Palm Springs FCU breach will cost between $15K and $20K.
Trade group eliminates general counsel and SVP of communications positions to streamline Washington and Madison, Wis., offices.
Trade group also cites national data security as a pressing concern.
Mary Hughes, Financial Institutions Bureau Chief of the Idaho Department of Finance, is council’s newest member.