Regarding the Editor’s Column in the May 29 issue, “Usage Fees Are Not a Strange Idea.” Sarah Snell Cooke’s support of the pay for play precedent in the NCUA’s recently proposed rule on derivatives misses the point. We strongly support and have continually advocated expanding credit unions’ investment powers to include limited...
While it’s valid for the NCUA to make risk management a priority when it comes to business lending, recent guidance from the regulator could hinder and discourage credit unions and CUSOs running solid programs.
Credit reporting agencies and the ability to filter complaints by state also added to bureau offering.
Retiring NCUF chief takes hard look at regulatory environment for credit unions.
NCUA's proposed rule about charging a fee for derivatives program is actually innovative.
Bureau, trade group agree to promote consistent exam procedure and consumer law enforcement, minimize regulatory burden.
Affinity CFO says "to pay fees to reduce risk to the fund is alien to me in any other regulatory regime.”
State regulator orders Glendale credit union to replace manager, implement process improvements, controls.
CUSO association expresses concerns about regulatory targeting hindering solid business lending programs.
PowerComment.org provides information on new regs and the ability to comment online before they become final.