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By Sarah Snell Cooke |
July 16, 2012
The debate over the fate of small credit unions continued on CUinsight’s blog last week with Henry Meier of the Credit Union Association of New York interjecting that “the days of treating your examiner as your de facto compliance officer are over.”
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By Sarah Snell Cooke |
July 13, 2012
Compliance is the cost of doing business and if you can’t bear those costs, you won’t be in business.
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By Heather Anderson |
July 2, 2012
NAFCU president asks Treasury secretary to intervene on behalf of credit unions.
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By Marc Rapport |
June 20, 2012
The NCUA Board's decision to cancel its public board meeting and delay a vote on the final rule for CUSOs was warmly greeted by NAFCU.
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By Heather Anderson |
June 20, 2012
Trade group urges regulator to use efficient information collection methods to ease response burden on credit unions.
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By Sarah Snell Cooke |
June 18, 2012
Credit union executives are tired and frustrated with the economic situation and recall the good old days of a decade ago when a 1% ROA was practically a given. NCUA examiners are tired and frustrated with the same things. These situations can lead people to speak without thinking or at...
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By Sarah Snell Cooke |
June 15, 2012
One of the more irksome things I hear in the credit union community is to save the small credit unions. Why? Just because they’re small?
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By Heather Anderson |
June 4, 2012
The reduced compliance burden, as a result of new NCUA rules introduced during the regulator’s May 24 board meeting, is worth $8 million to federally insured credit unions.
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By Heather Anderson |
May 29, 2012
Final rules passed at the NCUA board meeting May 24 include the extension of regulatory flexibility standards to all credit unions, and new rules for troubled debt restructuring that will require written loan workout and nonaccrual policies.
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By Heather Anderson |
May 25, 2012
What is the reduced compliance burden, as a result of Thursday’s new NCUA rules, worth to credit unions?
