Regulatory & Compliance

WASHINGTON --After months of political wrangling, the House is scheduled to vote Tuesday on a measure that would give credit unions some of the regulatory relief they have been seeking.

WASHINGTON -- The Senate Banking Committee is scheduled to vote Wednesday on the nomination of Michael E. Fryzel for the chairmanship of the National Credit Union Administration board.

WASHINGTON -- The Senate Banking Committee is scheduled to vote Wednesday on the nomination of Michael E. Fryzel for the chairmanship of the National Credit Union Administration board.

WASHINGTON -- Federal credit unions would be allowed to apply to serve underserved areas and loans in those communities and to religious non-profit institutions would not count against their member business loan cap, as a result of a compromise regulatory reform bill introduced last night in the House.

WASHINGTON -- The NCUA Board voted today to seek comments on a host of regulations governing member business loans.

WASHINGTON -- Retailers are trumpeting another U.S. Senator who has decided to sponsor the so called Credit Card Fair Fee Act of 2008 in the Senate. The newest sponsor is Senator Christopher "Kit" Bond (R-Mo). Bond is the first Republican co-sponsor for the measure in the Senate.