Regulatory & Compliance

Payday loan shops in Arizona were dealt a blow Tuesday after a state Senate Committee voted down a measure exempting the firms from an existing sunset law forcing the firms to abide by a strict 36% rate limit.

What are we paying for with CUNA dues? One thing is influence in Congress by giving money to credit union supporters to help in their election and re-election campaigns.

NAFCU has selected four credit union executives for the Financial Crimes Enforcement Network to consider for the vacant seats on the committee that advises the agency on Bank Secrecy Act matters.

The NCUA is working on making changes to the process by which it undertakes mergers and purchase and assumptions but will continue to not allow all potential partners review proposals.

Although the majority of NCUA Board members are Democrats, when it comes to the question of lowering the NCUSIF's operating level,

Florida lawyers Bruce Boiko and Michael Lozoff are now part of the financial services industry practice of the Miami law firm Shutts & Bowen.