A new NAFCU study defending the credit union tax exemption says its elimination would deny Americans $17 billion in annual economic benefits.
Credit union trade associations turn down an offer to join bankers and retailers in a pledge to collaborate on data security.
Legislation that would delay flood insurance rate hikes unlikely to pass in the House as written.
Despite risk-weighting and 7% leverage ratio, the NCUA can require whatever it wants of your credit union’s capital.
In particular, both CUNA and NAFCU praised Obama's support of patent reform.
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.