It is not one single regulation, but multiple regulations from numerous agencies that are negatively impacting credit unions.
NCUA Board Member J. Mark McWatters tells CU Times the regulator does not need third party supervisory authority.
CUNA, NAFCU call for ease on annual distribution of privacy notices to consumers unless privacy policies have changed.
Expect the CFPB to scrutinize overdrafts, payday lending, prepaid cards, auto loans and mortgage lending.
The House Financial Services Committee Chairman says reducing regulatory burden on community financial institutions is a priority.
Who needs a board and management when the NCUA can manage credit unions remotely through regs like RBC?
International credit union trade group cautions that the NCUA and other U.S. regulators often implement Basel ideas.
Could North Dade Community Development FCU have prevented its $300,000 fine for BSA violations?
The NCUA board will likely approve the 2015 budget at its monthly meeting on Nov. 20.
Collingwood Group report cites the number of new regs and vague language as particularly troublesome.