ALEXANDRIA, Va. — Proposed rule prompted by challenges to NCUA's right to access home-based credit unions.
ALEXANDRIA, Va. — Rule takes effect immediately; there is no 30-day waiting period.
JP Morgan settlement a great holiday present, Matz says.
Three largest credit unions eclipse size of share insurance fund, NCUA chairman stressed.
WASHINGTON — “Some risks are always there. Others arise with new realities," NCUA Board Chair Debbie Matz tells GAC session.
Alabama, Georgia, Kansas, Montana, Nebraska, Ohio, Texas and West Virginia would join Oklahoma, South Carolina and Michigan in challenge to CFPB, FSOC.
Regulators told the GAO the delay is due to the number, complexity and interconnectivity of new law's rules.
Executive will likely be promoted from within the NCUA.
Plaintiffs challenge creation of CFPB and FSOC, Cordray's appointment.
NCUA Board chair says low-income credit unions are growing stronger, lending more than other types of financial institutions.