Regulatory & Compliance

The Connecticut Credit Union League announced this week it is broadening its two-year-old program to aid small credit unions.

Referring to credit unions as "taxpayer subsidized," the Independent Community Bankers of America wrote senators that raising the cap on member business loans would "be an unfair and ineffective means of increasing small business credit."

Comptroller of the Currency John Dugan announced today he will leave office when his term expires on Aug. 14.

Home buyers have an additional three months to close on the purchase to take advantage of the tax credit, as a result of legislation passed by Congress late last week..

A proposal by the Texas Credit Union Department to recover travel, time and transportation expenses from CUs involved in "unusual" exam cases ran into opposition from the Texas Credit Union League Thursday.

Ohio Governor Ted Strickland has named a former banker to be that state's next CU regulator.