Regulatory & Compliance

Kansas Credit Union Association President/CEO Marla Marsh and two credit union executives are scheduled to testify at next week's congressional field hearings on the financial crisis.

Comparing the NCUA's actions to the children's story Alice in Wonderland, the National Federation of Community Development Credit Unions hopes backers of Kappa Alpha Psi FCU persist in their case against the agency.

The NCUA wants credit unions to exercise significant care when making loans in partnership with third party vendors or organizations.

Kappa Alpha Psi Federal Credit Union, a predominantly African-American community development credit union headquartered in Addison, Texas, is fighting an NCUA liquidation order in court.

Edward DeMarco, acting director of the Federal Housing Finance Agency, Fannie Mae's federal regulator, is among the latest regulators and legislators to agree to speak at NAFCU's 2010 Congressional Caucus.

In anticipation of approaching regulatory changes, data processing company CU*Answers has launched a new software upgrade.