NCUA program officer gets an earful about business loan waivers from NACUSO attendees.
Solution tracks NCUA regulations and delivers changes credit unions need to make; targeted to smaller credit unions.
CUNA expands regulatory Advocacy Report distribution while NAFCU reports sharp uptick in compliance help requests.
“If I have anything to do with it, there will not be taxation on our credit unions,” the House Financial Services chairman said.
Borrowers and lenders of loans backed by the SBA will have greater access to capital and less paperwork to deal with.
The NWCUA has sounded the alarm about three bills that aim to tax many credit unions and implement new regulations.
Becker said he's heard reports of interest rate risk being tested under what he called "absurd" scenarios.
Fed governor said banks of $50 million or less in assets hit harder by need to staff up to meet compliance demands.
COMPASS 4 CUs has picked up its 18th client, the $152 million NARFE Premier FCU of Alexandria, Va.
Weak economy, low interest rates and most of all, regulatory burden, cited in responses.