Reps. Ed Royce (R-Calif.) and Greg Meeks (D-N.Y.) reintroduced the Credit Union Small Business Jobs Creation Act March 2. The bill would raise the credit union member business loan cap from 12.25% to 27.5% of assets for eligible institutions.
Investigation focuses on whether the NCUA attempted to mislead the public regarding its role in the Palm Springs FCU incident.
Trade association responds to recent bank trade association lobbying against credit unions.
Another piece of credit union legislation is introduced before CUNA's Governmental Affairs Conference.
Partnership with NAFCU builds on agency’s pact with the NCUA to help more credit unions offer small business loans.
Expect the CFPB to scrutinize overdrafts, payday lending, prepaid cards, auto loans and mortgage lending.
Both CUNA and NAFCU say they support efforts that would require retailer accountability for breaches.
ALEXANDRIA, Va. — The NCUA removes the controversial provision from its new RBC rule, but NAFCU says exam concerns remain.
Mandate would clarify, strengthen obligations companies have to notify customers when their data has been compromised.
NAFCU and CUNA prepare to protect tax exemption this year in anticipation of possible tax reform.