Regulatory & Compliance

WASHINGTON -- In light of protests from the banking lobby and concerns that it might not pass, the House leadership has postponed today's scheduled vote on the Credit Union Regulatory Relief Act.

WASHINGTON-- Senator Charles E. Schumer (D-N.Y.) announced that he'll conduct a hearing next week to look into whether mortgage lenders are taking unfair advantage of borrowers in foreclosure who have declared bankruptcy.

WASHINGTON -- With a massive phone and e-mail campaign and a use of the new media, credit unions and their advocates are trying hard to win passage of the Credit Union Regulatory Relief Act during its scheduled House of Representatives vote on Tuesday.

WASHINGTON -- With a massive phone and e-mail campaign and a use of the new media, credit unions and their advocates are trying hard to win passage of the Credit Union Regulatory Relief Act during its scheduled House of Representatives vote on Tuesday.

WICHITA, Kan. -- Expected but still comforting, Kansas credit unions over the weekend heard directly from some of their most loyal lawmakers who came to their defense in the just concluded confrontation with the banking lobby over a "compromise" July 1 law restricting field of membership expansion.

WASHINGTON -- The ranks of supporters of the Credit Union Regulatory Improvements Act grew Thursday when Rep. Todd Akin (R-Mo.) became the measure's 149th co-sponsor.

WASHINGTON -- The House of Representatives is scheduled to vote Tuesday on a measure long backed by credit unions to expand the services they can offer members.

HAVERHILL, Mass. - The most recent data from NCUA and the FDIC show that Northeast Community Credit Union members could merge their CU into a money losing bank if they vote to approve the deal.