LAKE BUENA VISTA, Fla. — Gaming, solar projects and small business lending are promising niches.
Read improvements CUSO leaders say the NCUA can make to its proposed CUSO rule.
LAKE BUENA VISTA, Fla. — How much is it going to cost? How will it benefit members? Will it save credit unions time and money?
CUSO leaders cry foul on the NCUA's proposed risk-based capital rule because it assigns the highest risk-weight to CUSOs.
NCUA board member will discuss the role of the regulator in managing CUSO investment and operational risks.
Now that the NCUA board has approved a proposal that would require all CUSOs to file financial reports directly with the regulator and the appropriate state supervisory authority, some CEOs of member business lending CUSOs have weighed on what the the changes may mean for their operations.
Association pleased NCUA listened to CUSO concerns, but overall still skeptical about rule.
Whether it's a question about member business lending or which activities CUSOs are allowed to engage in, CUSO executives said the NCUA's guidance letters have long been a go-to for answers and regulatory interpretations.
Agency handles growing number of requests as compliance gets more complicated.
Trade group meets with new NCUA Board member to explain position on proposed CUSO rule changes.