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Around the Beltway and Over the River in 90 Seconds

By Sarah Snell Cooke

As everyone knows by now, CUNA selected Bill Cheney as its next president/CEO. While I touted a month ago the strength of choosing an industry insider (Editor's Column, April 7), I really wasn't sure CUNA would follow that line of thinking.

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Commentary

What CUs Can Learn From Wachovia

League President Cheney Named To Become CUNA President/CEO

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Regulatory & Compliance Stories

May 11, 2010

Can't Blame the NCUA That CUs Jumped Into Regflex With Both Feet

I recently attended the NAFCU Chief Executive Officers Conference in Savannah, Ga., and the last speaker on the agenda was NCUA General Counsel Robert Fenner.

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May 11, 2010

Senate Debates Reg Restructuring and Considers Gaggle of Amendments

Credit unions received a reprieve on data-reporting requirements but were still waiting on amendments on interchange fees and the agency to regulate consumer financial products as the Senate began to discuss the financial overhaul bill.

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May 10, 2010

Bacino Urged CUs to Back Reid

Former NCUA Board Member Geoff Bacino urged credit union officials and members to back Senate Majority Leader Harry Reid (D-Nev.) in what is expected to be a difficult re-election race this year.

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May 10, 2010

Amid Budget Crisis, Arizona Now With Two State Examiners

Arizona may have a new regulatory team to deal with banks and credit unions but the state has also had to face down a daunting budget crisis, which CU executives claim is hindering the examination process.

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May 10, 2010

NAFCU Weighing in on GSE Amendment

NAFCU is one many groups contacting Congress in opposition to an amendment to the Restoring American Financial Stability Act of 2010 that would effectively end federal government support for Fannie Mae and Freddie Mac in two years.

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May 10, 2010

Senate to Vote on Fed Amendment

The Senate is resuming debate today on the regulatory overhaul bill and is scheduled to vote on an amendment that would increase Congress' power to audit the decisions of the Federal Reserve.

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May 09, 2010

Pension Act Reminds Nonprofits to Protect Tax-Exempt Status

As required by the Pension Protection Act of 2006, the IRS is reminding tax-exempt nonprofit organizations they are required to file their Form 990 by May 17 or risk having their federal tax-exempt status revoked.

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