Comment letters responding to an NCUA proposal to create a Dodd-Frank mandated Minority Depository Institution preservation program generally support the effort, but some question the costs and need to create a new program.
Credit union witnesses will appear before panels to address CFPB reform and regulatory burden.
The African-American Credit Union Coalition said it “unequivocally supports” NCUA’s proposal to create a Minority Depository Institution preservation program.
She was only 7 years old, but Lynette Smith remembers watching the historic March on Washington on television on Aug. 28, 1963, with her family.
Lynette Smith watched the March on Washington on Aug. 28, 1963, on television. Then she was 7. Now she's a credit union CEO.
As the first chairperson of the African-American Credit Union Coalition who isn’t one of the founders of the 14-year-old group, Lynette Smith said she feels a bit of heat.
Virginia credit union CEO takes helm of African-American Credit Union Coalition.
WASHINGTON — Two credit union witnesses voiced disagreements over the impact the Dodd-Frank Act has had on their credit unions when they testified July 19 before the House Financial Services Subcommittee on Oversight and Investigations.
Contrasting views on Dodd-Frank impact at House hearing. See what the CUs had to say in this preview from our July 25 print edition.
Legislators hear from different points of view.