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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 Marc Rapport |
October 24, 2011
Veteran credit union technologist and operations chief Rudy Pereira said he’s moving from one good place to another.
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By Marc Rapport |
October 19, 2011
Senior vice president at Alliant CU in Chicago to succeed retiring Charlie Grossklaus at Eau Claire, Wis., credit union.
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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 |
October 10, 2011
Wisconsin CU assumes 4,200 mortgages worth $600 million as FDIC moves to shut down Minnesota-based The RiverBank.
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February 9, 2011
Royal Credit Union President/CEO Charlie Grossklaus has announced plans to retire from the Eau Claire, Wis.-based credit union effective Jan. 2, 2012.
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By Myriam DiGiovanni |
February 2, 2011
Royal Credit Union's second CEO, Charlie Grossklaus, has announced his plans to retire from the Eau Claire, Wis.-based credit union effective Jan. 2, 2012.