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By Natasha Chilingerian |
January 16, 2012
Regulatory burdens stemming from the Bank Secrecy Act, Dodd-Frank Act and the Department of Housing and Urban Development, among others, add another layer of responsibility to credit unions’ day-to-day operations. Complaints of rising compliance-related costs are common, but just how much is compliance costing CUs, and how are they paying...
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By Natasha Chilingerian |
January 13, 2012
Even small credit unions spend thousands a month on meeting the regulatory burden. Find out more in this sneak peek at an article from the next print edition of Credit Union Times.
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By Claude R. Marx |
November 6, 2011
No more.
That’s CUNA’s message to the NCUA when it comes to regulations.
In a 15-page letter to NCUA Chairman Debbie Matz, the trade association said it wants the regulator not to issue any new regulations during the next six months, and after that to do a better job of justifying the...
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By Claude R. Marx |
October 31, 2011
Regulations conflict and often harm the people they are meant to protect, CU execs argue.
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By Claude R. Marx |
October 28, 2011
Credit union execs share what scares them on Halloween: Regulatory burden.
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By David Morrison |
October 17, 2011
The 135,000-member Royal Credit Union has purchased the mortgage servicing rights to $600 million in mortgage loans from a local bank that the FDIC subsequently took over and sold to another bank.
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By David Morrison |
June 9, 2010
Credit unions absolutely can and should make mortgage loans, according to a longtime CU executive, but in order to do so they need to get serious about the product.
