Regulatory & Compliance

Dan Mica stepped down after 14 years as CUNA's president/CEO on July 1. Mica, who had been a member of Congress and a lobbyist on behalf of the

Bill Cheney, who has spent almost his entire career in credit unions, most recently as president/CEO of the California and Nevada Credit Union Leagues,

The Independent Community Bankers of America had the right idea with regard to interchange regulation. I'll probably have to run for cover at the CUNA/WOCCU 1 Conference this week for stating that, but it's true.

In the financial services legislation being considered by Congress, of greatest interest to consumers is the creation of a new Consumer Financial Protection Bureau.

Raising the cap on member business loans would do much to jumpstart the economy, NAFCU Executive Vice President Dan Berger wrote Senate leaders today.

Calling it a "zero dollar stimulus," NCUA Chairman Debbie Matz today urged the Senate to approve an amendment that would raise the cap on member business loans from 12.25% of assets to as high as 27.5% of assets.