Regulatory & Compliance

On May 20, I posted remarks on BRUEN Credit Union Blog (www.cbruen.com/blog) about the failure of a very small 213-member, $175,000-asset and, surprisingly, 50-year old credit union with a delinquency rate of 40%.

Honoring small business owners of the year, President Obama recently urged Congress to pass two major programs to increase lending to small businesses.

Reg restructuring is not quite law yet but essentially a foregone conclusion. Time to quit whining over the loss of interchange fee income and figure out what to do about it. Face your new reality.

The $4 billion Mid-Atlantic Corporate FCU today released on update on the progress of its new membership structure, which has resulted in capital conversion agreements that total nearly $116 million.

MeridianLink has released a new version of its loan origination, online account opening and deposit platform that the company said includes the ability to comply with a number of new federal rules.

Credit unions that want to be considered as potential merger and purchase and assumption partners will be able to sign up for a registry that the NCUA is developing, NCUA Chairman Debbie Matz announced.