Regulatory & Compliance

Credit unions with assets of $10 billion or less wouldn't be subject to an inspection by the proposed Consumer Financial Protection Agency, under an amendment likely to be introduced on the House floor when lawmakers consider the measure.

With credit unions suffering across the country, the National Federation of Community Development Credit Unions has begun stepping up its efforts to make sure that regulators and government officials don't forget about the needs of CDCUs

As the entire nation gathered around the dinner table to give thanks last week, it was a mixed bag for credit unions. There are millions of things to be thankful for,

The NCUA's proposed corporate regulations, released Nov. 19, didn't contain many surprises, as board members and staff had already discussed many of the amendments with industry leaders and in public arenas beforehand.

With Congress in overdrive on issues related to credit unions, the trade associations and some individual credit unions are ramping up their giving to be sure that lawmakers know who their friends are.

It's about more than just ratios.

The full House now isn't scheduled to take up the bills aimed at restructuring the way financial institutions are regulated until the week after next.

Credit union executives and their advocates interested in commenting on the proposed rules on corporate credit unions can attend the NCUA's Town Hall meetings on the subject that will take place next year, the agency announced today.