Wednesday’s House Financial Services Committee to be followed by hearing to be set on credit union regulatory burden.
Quantivate Vendor Management offers business continuity, risk management, information security, vendor and audit management services.
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.
Their stories of red tape run the gamut from confusion to utter frustration and anger. Even though a check for the government wasn’t due until the end of October, a business owner sent it end on Oct. 12. However, the government waited until Nov. 11 to cash the check...
Fed governor said banks of $50 million or less in assets hit harder by need to staff up to meet compliance demands.
In a Guest Opinion article in Credit Union Times [Jan. 23 issue, page xx], former CUNA president Dan Mica, now an industry consultant, shared his forecast for the 113th Congress. His prediction that measuring the success of the next two years by what does not occur rather than by what...
Canadian Federation of Independent Business report says small businesses there pay significantly more per employee in regulation costs than in U.S.
Because credit unions already generally abide by new final qualified mortgage and ability-to-repay rules released Jan. 10 by the Consumer Financial Protection Bureau, the most difficult compliance burden will be to document the process, said John Bundy, compliance manager for CUNA Mutual.
COMPASS 4 CUs has picked up its 18th client, the $152 million NARFE Premier FCU of Alexandria, Va.