Dave Adams, president/CEO of the Michigan Credit Union League & Affiliates, said any speculation that CUNA Mutual Group is planning to cut revenues to the state leagues and their league services corporations, is “completely false.”
In addition to risk-based capital, look for changes to MBL waivers, cost-benefit accountability and data security.
Rep. Maxine Waters (D-Calif.) and civil rights groups defend the controversial practice prior to the Supreme Court's decision.
Plan is to remove all limits on member business loans except those imposed by statute, says NCUA Chairman Matz.
NCUA board adds the rule to its monthly board agenda.
NAFCU and CUNA prepare to protect tax exemption this year in anticipation of possible tax reform.
Credit Union Financial eXchange aims to find strategies to reduce time, costs associated with systems integration.
The House reauthorizes the Terrorism Risk Insurance Act, which also guarantees a Federal Reserve Board spot for a community banker, but no credit union parity.
Trade group advises NCUA to look internally for better ways to protect member data.
Chairman Debbie Matz also estimates the Palm Springs FCU breach will cost between $15K and $20K.