Regulatory & Compliance

Credit unions should take a close look at the well-intended but poorly crafted Consumer Financial Protection Agency, or CFPA, that is scheduled

An executive with the Center for Responsible Lending applauded the NCUA's most recent guidance to federal credit unions on payday lending, but said he expected implementing it to take time.

U.S. Reps. Joe Baca (D-Calif.), Paul Kanjorski (D-Pa.) and Randy Neugebauer (R-Texas) have been added to the list of speakers of NAFCU's Congressional Caucus.

Senate Banking Committee Chairman Christopher Dodd (D-Conn.) announced Friday that he has prostate cancer, but it was caught in the early stages.

Voting mostly along party lines, the House on Friday passed a measure to allow regulators to place additional restrictions on compensation packages for senior executives of larger companies.

NCUA issued its recent letter to federal credit unions about permissible payday lending alternatives after it received a January letter from an interest group.