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By Mary Martha Fortney |
September 13, 2012
NASCUS and others believe the important balance provided by the dual chartering system may be at risk, and we must work to ensure dual chartering is viable and thriving.
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By Mary Martha Fortney |
September 13, 2012
NASCUS and others believe the important balance provided by the dual chartering system may be at risk, and we must work to ensure dual chartering is viable and thriving.
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By Mary Martha Fortney |
September 10, 2012
It was the year 1909 when Pierre Jay, the first banking commissioner of Massachusetts, was successful in getting the first credit union act passed in the commonwealth. Many other states followed suit, and then in 1934, the Federal Credit Union Act was enacted, establishing a federal charter and a choice...
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March 19, 2012
Given the volatile nature of the recent economic crisis, it was inevitable that pressure would build on regulators to respond to the crisis with additional regulations. Certainly some of these new regulations were promulgated in response to poor practices that exposed gaps in regulation. If credit unions are feeling overwhelmed...
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By Michelle A. Samaad |
October 3, 2011
Now that the Sept. 26 comment deadline has passed, the NCUA will likely read through the more than 140 letters it has received on its proposal to amend the CUSO rule.
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By Michelle A. Samaad |
September 27, 2011
The problem with the NCUA’s CUSO proposal is that the focus is on supervisory oversight of CUSOs rather than their relationships with credit unions.
