State-only exams rate slightly higher than NCUA-only exams. Credit unions subjected to joint exams reported significantly lower ratings.
WASHINGTON — Compliance automation specialist says regulations keep coming but not particularly more than before.
WASHINGTON – In his first major address since joining the NCUA board, Rick Metsger brings his regulatory power to the people.
PowerComment.org will provide information on regs, tools for comment.
NCUA board member said he'd like to hear from executives at GAC about the impact of NCUA rules on their credit unions.
Board Chairman Larry Anderson said $41M Cowlitz can't keep up with new regs and technology developments. The two credit unions share a history.
NAFCU calls penalties extreme, CUNA says they are unnecessary.
Fifteen-member CU advisory group meets quarterly to discuss CFPB regulatory issues.
Banks and credit unions are the largest institutions reliant upon compliance and regulatory standards due to customer data and confidential information.
Webinar participants urged to have compliance officers operate as business catalysts.