Regulatory & Compliance

Credit unions don't perform as good as banks on 65% of fair lending practices, according to a report by an organization that is pushing Congress to mandate that credit unions comply with the Community Reinvestment Act.

Credit unions could find out as early as this week if they will have a new go-to man in the Senate.

The Consumer Federation of America said financial services should be regulated by what they do, not who they are.

Pennsylvania's auditor general, Jack Wagner, is doing a rethink or a "clarification" on his proposal last month to look at taxing credit unions as a way of helping solve the state's budget impasse.

In Texas, compliance has gone to the dogs, so to speak.

CUNA and NAFCU are now working together to come up with a joint response to NCUA's next move regarding corporate structure.