Regulatory & Compliance

WASHINGTON -- NCUA Board Chairman nominee Michael Fryzel promised law makers that he would ensure that there is a "healthy and dynamic, arms length relationship with industry, characterized by active listening, open-mindedness, and willingness to work together to achieve a shared goal of a strong and vibrant credit union industry."

WASHINGTON--Saying he is a "friend and fan of member-owned credit unions,'' the Virginia Credit Union League is backing former Gov. Mark Warner for the open U.S. Senate seat there.

WASHINGTON -- Two credit union supporters have come closer to taking seats in Congress.

WASHINGTON -- The presidents of the two national credit union trade associations said they were disappointed with the NCUA board's 2-1 decision on Thursday to pass rules changes that increased the amount of data collected.

ALEXANDRIA, Va. -- The NCUA will compile 5300 Call Report data for a membership profile and report additional data on the financial services they provide them, as a result of a policy change approved Thursday by the agency's board.

WASHINGTON -- With support from both Democrats and Republicans, the Senate Banking Committee on Tuesday approved a measure to provide relief to expand the availability of government-insured mortgages.