Under a new leader, the World Council pursues new priorities. Get the story in this preview from next week's print edition.
The Consumer Financial Protection Bureau released the final part of its new remittance rule Aug. 7, increasing the maximum number of annual transactions that qualify for safe harbor exemption to 100.
WOCCU representatives were in Paris this week for a meeting of the international Financial Action Task Force.
Here are some photo highlights of Credit Union Times' reception for the Trailblazer Awards winners on Tuesday night, March 20, at the GAC.
During its first month in existence, the Consumer Financial Protection Bureau has spoken softly and not carried a big stick.
CUNA and NAFCU both told the Federal Reserve that they support the Federal Reserve’s proposed definition of a qualified mortgage but want some changes to make certain parts of the rule less ambiguous.
CUNA contends that the NCUA’s proposed rule mandating that most credit unions have an interest rate risk policy isn’t needed because most credit unions have such plans in place while NAFCU just wants the proposal tweaked a bit.
Changes would let NCUA help to a troubled credit union or a credit union acquiring one to count as regulatory net worth.
Credit union lawyers were hailing a Kentucky Supreme Court ruling upholding state authority on field of membership powers as providing the banking lobby "a resounding defeat" as part of its ongoing quest to curtail CU expansion.