The Credit Union Share Insurance Fund Parity Act means IOLTA accounts are now covered by federal deposit insurance.
The $281M America’s Christian CU recognized for funding 1,100 adoptions since 2009.
CU Share Insurance Fund Parity Act would direct NCUA to extend insurance to owners of funds held in trust accounts.
The final risk-based capital rule must avoid unintended, negative consequences.
Credit union trade associations make two fresh moves on Capitol Hill.
The House on May 6 passed three regulatory relief bills affecting credit unions.
Bills would grant NCUSIF coverage for IOLTAs, privately-insured credit unions FHLB access, and more input on CFPB rural areas.
Three bills that would provide regulatory relief for credit unions are on Tuesday's House floor vote schedule.
Credit union taxation and opposition to raising the MBL cap among talking points.
Bill introduced Thursday by Rep. Ed Royce (R-Calif.) excludes 1- to 4-family residence loans from MBL cap.