Regulatory & Compliance

WASHINGTON -- This week's decision by House leaders to postpone consideration of the Credit Union Regulatory Relief Act came after banks and credit union waged all-out lobbying campaigns.

WASHINGTON -- While efforts to provide regulatory relief for credit unions are stalled in the House, supporters received good news from the Senate on Thursday when Sen. Joseph Lieberman (I-Ct.) introduced the Credit Union Regulatory Improvements Act.

DES MOINES, Iowa -- Governor Culver has signed into law Senate File 2430, commonly known as the "Economic Stimulus Bill."

NEWPORT BEACH, Calif. -- One sign that CUSOs can be a viable solution for credit unions wanting to gain more muscle in an increasingly competitive marketplace recently came through NCUA's proposal to include two new services for the entities to offer.

ALEXANDRIA, Va. -- NCUA Chairman JoAnn Johnson recognized the importance of the alliances between credit unions, small businesses as the Small Business Administration celebrated National Small Business Week.

WASHINGTON -- While CUNA supports the proposed NCUA regulation expanding credit union service organization powers, the group expressed concern about expanding federal oversight of state-chartered CUSOs. NAFCU favors the business expansion but is undecided on the oversight change.