Whatcom Educational CU volunteers to go first. "We have so many auditors looking at us anyway, what's one more?"
In mid-October, Whatcom Educational Credit Union in Bellingham, Wash., will undergo one of the Evergreen State’s first separate examinations for consumer compliance, now required of all Washington state chartered credit unions with more than $500 million in assets.
BECU General Counsel Parker Cann receives Pierre Jay Award at trade group's Idaho confab.
In taking steps to provide federal credit unions with derivatives authority as an additional tool to manage interest rate risk on the balance sheet, the NCUA demonstrated flexible thinking in evaluating its rules. That is to be commended.
Credit union trade groups are in agreement when it comes to the NCUA’s derivatives proposal. Unfortunately, the responses aren’t pretty.
NCUA Board's lone Republican member continues on job after his term ended officially on Friday.
Trades oppose high cost of participation and implementation strategies.
WASHINGTON — Credit union leaders meet with lawmakers to push for expanding access to supplemental capital.
Bureau, trade group agree to promote consistent exam procedure and consumer law enforcement, minimize regulatory burden.
In the credit union system, expanding compliance requirements and increasing complexity of operations have made the work of credit union executives and their examiners more challenging. In an effort to assist the credit union system, NASCUS has prepared the following summary of supervisory priorities for the year. This summary incorporates...