regulation

• WesCorp’s Legacy Losses Outpace Other Corporates

  By Heather Anderson  |  May 13, 2013

  As of year-end 2012, WesCorp’s estimated losses were $5.7 billion, representing 84.4% of the nearly $6.8 billion in total estimated legacy asset losses.

• NCUA Names Avalos Region IV Associate Director

  By Staff Writer  |  April 19, 2013

  Avalos joined NCUA in 1999 after 13 years in the credit union industry and in the auditing profession.

• Onsite Coverage: Some Wonder if MBL Waivers Are Worth Applying For

  By Michelle Samaad  |  April 19, 2013

  NCUA program officer gets an earful about business loan waivers from NACUSO attendees.

• Continuity Control Rolls Out Automated Compliance Software

  By Robert McGarvey  |  March 6, 2013

  Solution tracks NCUA regulations and delivers changes credit unions need to make; targeted to smaller credit unions.

• Trades Beef Up Regulatory Services While Regulators Rack Up Rules

  By Heather Anderson  |  February 27, 2013

  CUNA expands regulatory Advocacy Report distribution while NAFCU reports sharp uptick in compliance help requests.

• Onsite Coverage: Hensarling Pledges to Protect Tax Exemption

  By Heather Anderson  |  February 26, 2013

  “If I have anything to do with it, there will not be taxation on our credit unions,” the House Financial Services chairman said.

• SBA to Expand Access to Loan Programs

  By Michelle Samaad  |  February 26, 2013

  Borrowers and lenders of loans backed by the SBA will have greater access to capital and less paperwork to deal with.

• Oregon Banks, Credit Unions Draw Battle Lines

  By Peter Strozniak  |  February 25, 2013

  The NWCUA has sounded the alarm about three bills that aim to tax many credit unions and implement new regulations.

• Becker to NCUA: Examiners Applying Opinion to IRR Management

  By Heather Anderson  |  February 25, 2013

  Becker said he's heard reports of interest rate risk being tested under what he called "absurd" scenarios.

• Fed’s Duke: Reg Burden Quantifiably Tougher on Small Banks

  By Heather Anderson  |  February 5, 2013

  Fed governor said banks of $50 million or less in assets hit harder by need to staff up to meet compliance demands.