Community bank lobby says report shows strengths as well as impacts of economic and regulatory headwinds.
CUNA told the NCUA in a comment letter on Friday that the agency’s proposed diversity standards would place a burden on credit unions.
Comment period on proposed multi-agency rule closed Friday.
NCUA and five other regulators extend comment period on proposed new standards to Feb. 7.
NAFCU general counsel Carrie Hunt says she still sees "negative downstream effect" in proposed changes to qualified residential mortgage rules.
Proposed rule adds some exemptions to Dodd-Frank requirements set to take effect next January.
A new report from the Center for Responsible Lending has documented that payday lending at six large banks is continuing, and the reported alleged it is damaging consumers financially.
Letters to chief regulators calls for curbs on payday lending, citing risks to consumers and the institutions themselves.
Bank regulator finds channel for the most part falls under well-established existing rules.
Bank regulator budget compares with 6.1% budget hike for NCUA.