The NCUA's proposed new capital standards for credit unions over $50M raises capital requirements and requires risk-weighting 10 asset classes.
Ceiling will automatically drop to 15% on March 10 without NCUA board action at Thursday's meeting.
Lawmakers, trade associations and industry lobbyists increase pressure on Congressional committees to investigate the growing Target breach.
NAFCU renews call for congressional action while New York attorney general says probe is underway.
The three regulatory attorney new hires are in response to increased regulatory assistance demand from members, NAFCU CEO Berger says.
New FHFA director says CFPB's new QM rule could significantly impact mortgage credit availability.
The first female chairman of the Federal Reserve was easily confirmed in the Senate by a 59-26 vote.
CUNA will release aggregate breach cost information to member credit unions, lawmakers, federal regulators and the media. Individual credit union numbers will be kept confidential.
Trade group urges Congress to impose stricter rules, spread financial responsibility to retailers.
Trade groups call for tighter security, while credit unions monitor and warn.