As business lending heats up, credit unions must closely monitor every risk to avoid wounding portfolios for years to come.
The Independent Community Bankers of America has released a petition in an effort to obtain regulatory relief from what it calls burdensome quarterly call reporting requirements.
Burdensome call reports are also a problem for credit unions, says a credit union executive at an NCUA Listening Session.
Community bank lobby says report shows strengths as well as impacts of economic and regulatory headwinds.
Calling the proposed rule's $50M complexity threshold arbitrary, CUNA says credit unions of that size are small and probably simple.
Callahan & Associates President/CEO Sean Hession was selected to lead the Illinois Credit Union League.
Callahan & Associates CEO will relocate to Naperville to replace the retiring Dan Plauda.
Los Angeles commercial banker has state, federal government experience.
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