Regulatory & Compliance

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.

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.

HARRISBURG, PA -- The Pennsylvania Supreme Court has upheld a lower court ruling that effectively narrowed a banker attack on two credit union conversions to community charters from 2005.

WASHINGTON--The subcommittee that oversees NCUA's budget has increased the budget of the fund used to help low-income credit unions.