Regulatory & Compliance

Under President Bush's proposal, the Small Business Administration's 7(a) guaranteed loan program would receive $17.5 billion and the 504 or Certified Development Company program would get a $7.5 billion boost.

PHOENIX -- There was plenty of Arizona buzz last week about the possibility of congressional hearings during or after CUNA's Governmental Affairs Conference next month.Nobody ...

The House Financial Services Committee has scheduled a hearing, The Community Reinvestment Act: Thirty Years of Accomplishments, but Challenges Remain, for Feb. 13.

Washington's Department of Financial Institutions has issued a letter detailing how the state's credit unions can add "associate board members" to their boards.

As NCUA puts a focus on CU relationships with third-party vendors, CUNA is launching an effort to help CUs cope with the increased attention and scrutiny. The agency previously announced that third-party vendor relationships would be a focus in examinations this year.

To help expedite the distribution of more than $5 billion Securities and Exchange Commission recoveries to injured investors, the agency announced on Feb. 5 the creation of the Office of Collections and Distributions.