ALM First Financial Advisors has closely followed the NCUA’s efforts to develop an appropriate rule for credit unions’ use of derivatives as a hedging tool. We support the use of derivatives within the credit union industry as instruments for effectively managing interest rate risk.
CFPB on Wednesday issued an amended final qualified mortgage rule that provides new exemptions for small lenders.
The NCUA’s recent proposal that credit unions pay the federal regulator a fee to oversee the derivatives program has raised complaints among credit unions. NAFCU immediately fired off a statement supporting credit unions’ entry into derivatives, but blasting the fee as setting bad precedent because the $250 million threshold would...
League, credit union CEOs, board members studying NCUA's proposal to charge fees to examine, allow derivatives use.
ALEXANDRIA, Va. — Proposed fee could offset as much as 87% of all costs to implement expanded derivative authority through 2014.
ALEXANDRIA, Va. — A final derivatives rule could cost the agency as much as $16 million over three years.
ALEXANDRIA, Va. — NCUA Board encourages comments on proposed rule that would grant new investment authorities. Trades express concern.
NCUA chair says the agency proposed rule on derivatives use will be rolled out during the first half of 2013.
NCUA comment period closed Monday on proposed threshold to be defined as small credit union.
Proposed rule boosts maximum asset size for small credit union from $10 million to $30 million, granting regulatory relief to more than 1,600 credit unions.