Bill signed Thursday by Gov. Andrew Cuomo brings Empire State into conformity with national law.
For some credit unions and CUSOs, the newly approved changes to the loan participation rule are apt to leave a bittersweet residue within their business loan portfolios.
Larry Middleman, president/CEO of CU Business Group LLC, said the new participation rule addresses lead lender risk.
Now that the NCUA has approved a final loan participation rule, some are still concerned about some of the long-term impacts.
State high court decision allows the city of New York to sell 2,000 additional medallions for wheelchair-accessible yellow taxicabs.
State regulator orders Glendale credit union to replace manager, implement process improvements, controls.
Empire State would follow Congress in eliminating ATM fee disclosure requirement that has spawned lawsuits.
The NCUA has contradicted itself regarding the basis of a member’s lawsuit against the $161 million St. Helens Community FCU of St. Helen, Ore., and the examples of those contradictions are documented and working their way into court.
Agency says it's not taking sides in dispute over attempt to recall board members at Oregon credit union.
Agency attorney says counting ballots by mail is violation of federal bylaws and that federal court does have jurisdiction.