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By Claude R. Marx |
October 6, 2010
More work preparing for exams and additional compliance requirements throughout the year.
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September 22, 2010
The NCUA's proposal to limit golden parachutes and indemnification payments is overbroad and would place unnecessary restrictions on credit union boards, according to
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By Claude R. Marx |
August 18, 2010
In the regulatory equivalent of telling Santa what you want for Christmas, the credit union trade associations have all written the NCUA recommending changes on everything from insurance rules to lending rules.
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By Claude R. Marx |
June 23, 2010
KPMG gave the NCUA an unqualified audit but found material weaknesses in the reporting and documentation methods.
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By Claude R. Marx |
June 9, 2010
Proposed new regulations on mergers and mutual bank conversions encroach on state autonomy,
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June 2, 2010
The NCUA should spell out its procedures for finding potential assisted merger partners in a proposed rule and also be more forthcoming about the agency's role in ensuring a merger's success.
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By Claude R. Marx |
April 21, 2010
The proposed size of the community is too small, the definition of rural is too arbitrary and the requirements on marketing plans are too burdensome.
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By Claude R. Marx |
April 21, 2010
Allowing credit unions to raise supplemental capital that is counted toward net worth requirements is an "appropriate policy consideration,"
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By Claude R. Marx |
April 7, 2010
An independent consumer financial regulator might be less sensitive to the safety and soundness implications of potential new rules than one housed inside the Federal Reserve.
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February 3, 2010
CUNA has set up groups to help the trade association formulate its positions on two issues that are affecting many credit unions: the proposed NCUA rule on field of membership and the agency's policies on mergers.