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Randolph-Brooks' Sekula to Testify on Small Business Lending

By Claude R. Marx

Randolph-Brooks FCU Senior Vice President of Business Services Mark Sekula is scheduled to testify on behalf of NAFCU before the House Small Business Committee tomorrow.

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House to Consider Legislative Fix to CARD Act

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Matz and Candon to Testify on CUs Before Senate Banking Panel

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Regulatory & Compliance Stories

October 11, 2009

Connecticut League Offering Free Compliance to Small CUs

With an eye at helping New England credit unions cope with the regulatory burden, the Connecticut Credit Union League is offering all-day compliance workshops next year with CUs under $20 million receiving the service free.

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October 08, 2009

Becker Responds to CUNA Capital Proposal

In a letter sent yesterday to CUNA, NAFCU President Fred Becker agreed to modify his group's alternative capital proposal to allow NCUA assistance to credit unions to be counted as alternative capital.

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October 07, 2009

CUs Make Case at Credit Card Hearing

Congress shouldn't pass a measure further regulating interchange fees or speed up the implementation of a bill overhauling credit card rules, representatives of CUNA and NAFCU told lawmakers today.

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October 07, 2009

Obama Program Modifies Nearly 500,000 Mortgages

The Obama administration's program to help people struggling to make payments has modified 487,000 mortgages, a month before the target date, the Treasury and Housing and Urban Affairs Department announced today.

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October 07, 2009

CUs Need to Get Ready for NCUA Corporate Comment

The NCUA should have its proposed regulations for corporate reorganization ready next month or at year-end and by then credit union executives should be taking an active part in the comment period.

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October 07, 2009

Lender Amok Talk Tempered in Minnesota

The message carried in the Twin Cities media over the summer may have been "Lenders Gone Wild" but conditions are relatively stable in Minnesota compared to the rest of the country.

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October 06, 2009

NAFCU's Demangone to Testify Against Two Credit Card Bills

NAFCU's Director of Regulatory Compliance Anthony Demangone is scheduled to testify at tomorrow's House Financial Services Committee hearing in opposition to two measures on credit cards, the association announced today.

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