After seeing little to no progress on credit union legislation during the first 11 months of 2012, two regulatory relief bills advanced within 24 hours of each other, with one passing both chambers and awaiting President Obama’s signature.
Report filled with bankers' talking points, ignores bank tax breaks.
Credit unions left out on Interest on Lawyers Trust Accounts and member business lending in Transaction Account Guarantee bill.
Hope held out for packaging Transactional Account Guarantee extension with member business lending cap hike.
Credit union member business lending made a to-do list published Nov. 5 by the National Journal that originated from Senate Majority Leader Harry Reid’s (D-Nev.) office.
Credit union lobbyists agree that the way Congress approaches the post-election lame duck session will largely depend upon Tuesday’s outcomes.
ATLANTIC CITY, NJ — Two credit union political stalwarts went head-to-head regarding the upcoming political elections and issues at the NCUA.
LAS VEGAS — While the first day of the American Credit Union Mortgage Association’s 16th annual conference featured optimism about credit union housing finance amid an uncertain economy, the second day was overshadowed by concerns about regulatory changes and secondary-market uncertainty.
Change is inevitable at the NCUA following the announcements by Board Member Gigi Hyland and Executive Director David Marquis that they’re leaving the agency.
Whoever replaces departing board member Gigi Hyland will have some big shoes to fill when it comes to her credit union experience, industry leaders say.