Regulatory & Compliance

The Maryland & DC Credit Union Association will be hiring a national search firm to recruit a new CEO and hopes to have its new head in place by year end, according to Rod Staatz, the chair of an association search panel.

The CUNA CEO's compensation package drooped last year while NAFCU's rose, IRS forms stated.

A report from an economic advisory panel to the Obama Administration broke into the usual late summer political doldrums last week and returned credit unions to the perennial tax debate again.

Three months after Sperry Associates Federal Credit Union signed a letter of understanding and agreement with the NCUA to repair troubles within its loan program,

A small surge in the use of cash and the popularity of ATMs, especially fee-free ATMs, may be among the unintended consequences of the financial reform act that President Obama signed into law earlier this year.

In some credit union circles, it remains a taboo subject: making the decision to sever relationships with those members who have dormant, low-fund accounts that have become too expensive for the credit union to maintain.