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Texas Pact Still in Discussion, Oklahoma League Pushes CU House

By Jim Rubenstein

TULSA, Okla.--Eyeing a possible management linkup or "partnership" with the Texas Credit Union League, the Oklahoma Credit Union League said this week it was moving ahead with its long-standing plans for a Credit Union House in Oklahoma City patterned after the leagues' Washington, D.C. facility.

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NASCUS Executive Committees Meet in Washington, D.C.

Reynolds Named Chairman of State Financial Regulators Roundtable

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Regulatory & Compliance Stories

November 27, 2007

Federation, Foundation Join Up to Administer Grant

The National Credit Union Foundation and The National Federation of Community Development Credit Unions have joined forces to help credit unions get the most advantage from a more than $710,000 federal grant.

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November 27, 2007

OTS Seeking Comment to Adopt Call Report Format

The Office of Thrift Supervision is considering replacing its Thrift Financial Report with the Consolidated Reports of Condition and Income (Call Report) used by other federal financial institution regulators.

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November 27, 2007

Credit Union Regulators Differ on Deposit Insurance Structure

NCUA and NASCUS have shown their distinct differences pertaining to the structure of the federal deposit insurance system in comment letters to Treasury on the reconfiguring of the financial services regulators.

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November 26, 2007

Credit Union Trades Stake Claim for Maintaining Independent Regulator, Insurer

Treasury Secretary Henry Paulson finds the British, single financial regulator model appealing but industry figures have argued otherwise.

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November 20, 2007

Consolidation Could Cut Back on SBA 7(a) Form Redundancy, CUNA Suggests

To eliminate redundancies of forms used by the Small Business Administration's 7(a) loan program, consolidation may offer some relief, CUNA suggested in a comment letter to the agency.

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November 20, 2007

NCUA Announces Record CDRLF Loan Volume

NCUA recently announced that its Community Development Revolving Loan Fund has maxed out and set a new record.

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November 20, 2007

SEC Proposes Online Apps for Mutual Funds, Others Seeking Exemptions

The Securities and Exchange Commission has proposed that mutual funds and other companies seeking exemptions under the Investment Company Act of 1940 submit their applications electronically so investors can access them sooner and the commission can consider them more quickly.

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