Regulatory & Compliance

A professor of finance who has specialized in studying the Troubled Asset Relief Program has alleged political influence played a role in deciding which credit unions received funds under a U.S. Treasury Department program.

The number of suspicious activity reports that involve identity theft increased by 123% between 2004 and 2009, according to a report issued by the Treasury Department's Financial Crimes Enforcement Network.

Credit unions and other interested parties have 60 days to comment on proposed rules issued by the Federal Reserve aimed at ensuring that appraisers make decisions without the influence of those who could derive financial benefits from those decisions.

Rep. Paul Kanjorski (D-Pa.), one of the strongest supporters of credit unions in Congress, trails his GOP challenger Lou Barletta 48%-43%, according to a poll released today by The Hill newspaper.

ALEXANDRIA, Va. -- The NCUA has given all corporates new examiners, made more use of outside experts and begun to hire payment system specialists.

S. Denise Hendricks, who has worked on equal opportunity issues for the Defense Department, has been named the NCUA's director of equal opportunity.