Regulatory & Compliance

Hoping more funding will help the Securities and Exchange Commission weed out fraud more, President Barack Obama has proposed increasing the agency's 2010 budget by 13%.

The National Federation of Community Development Credit Unions is celebrating the Obama Administration's proposal to double the amount of money appropriated to the U.S. Treasury Department's CDFI Fund.

A payday loan program offered by the $814 million Nevada Federal Credit Union has started to draw the attention of the mainstream press.

OSU Federal Credit Union CEO Rick Hein testified on Aug. 4 before the U.S. House Subcommittee on Finance and Tax on how credit unions can help small businesses access capital.

NAFCU today asked NCUA for details about the terms of the agency's contract with the company that is reviewing all of the investments of corporate credit unions.

ALEXANDRIA, Va. -- The increased revenues from premiums and recapitalization are offsetting some of the losses to the NCUSIF and the fund's net income was $150 million last month, the NCUA board was told today.