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By Claude R. Marx |
May 24, 2011
CUNA says proposed NCUA rule not needed because most CUs have plans in place, NAFCU suggests tweaks.
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By Claude R. Marx |
May 23, 2011
The financial statements of the NCUA’s four main funds are presented fairly, but there are serious difficulties in the agency’s financial accounting, according to an independent audit released on May 16.
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By Claude R. Marx |
April 6, 2011
Backers of congressional efforts to delay implementation of the Federal Reserve’s rule regulating interchange were buoyed when Federal Reserve Chairman Ben Bernanke said the agency wouldn’t be able to release the rule by the April 21 deadline.
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By David Morrison, Claude R. Marx |
March 16, 2011
Overturning a proposed debit interchange cap on legal grounds may set a precedent against exempting credit unions from future regulations that affect large banks and other financial institutions.
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By Claude R. Marx |
March 7, 2011
CUNA, NAFCU and several bank groups are asking a federal judge if they can file a friend-of-the-court brief on behalf of a bank that is challenging the constitutionality of the law, giving the Federal Reserve the power to regulate interchange.
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By Claude R. Marx |
February 23, 2011
CUNA says the Fed's proposed interchange rule would have adverse effects for credit unions and that it should work with Congress to delay implementation by two years to further study the issue.
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By Claude R. Marx |
February 23, 2011
CUNA says the Fed's proposed interchange rule would have adverse effects for credit unions and that it should work with Congress to delay implementation by two years to further study the issue.
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By Claude R. Marx |
February 2, 2011
Regulatory overreach, an unnecessary limit on credit unions' choices and possibly illegal. Those are among the critiques of the NCUA's proposed rule on corporate credit unions.
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By Claude R. Marx |
January 26, 2011
Many credit unions see examinations as necessarily evils. CUNA is hoping to make the process more tolerable and fair.
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By Claude R. Marx |
January 18, 2011
President Obama announced that he is ordering all federal departments and independent agencies to review all existing regulations to ensure they don't stifle economic growth.
