News

The Woodstock Institute, an occasional critic of how well credit unions are serving low-income members has released the first case study from a program which aims to help CUs improve in that area.

in support of its efforts to incorporate Regulation E mandates into its rules. However, CUNA warned that the proposal would make some minor changes to the rule on a Receiver's right to recredit and a receiving depository institution's right to adjustment for Accounts Receivable, point of purchase, and Back Office...

Rep. Henry Cuellar (D-Texas) is doing his part to ensure that credit unions are serving the underserved.

Larger credit unions have been faster growing over the last couple of decades which has helped lower their non-interest expenses while boosting industry consolidation.

Former NCUA Board Member Geoff Bacino made his debut as a member of the Federal Housing Finance Board last week. The FHFB discussed Affordable Housing Program data reporting requirements and a proposed bank examination rating system during the open portion of the Aug. 9 meeting.

NAFCU President and CEO Fred Becker wrote NCUA asking for a number of regulatory relief items for credit unions and their corporates as part of the agency's review of one-third of its regulations every three years. Becker requested that the loan maturity limit be extended from 12 years for large...