Regulatory & Compliance

The Office of Thrift Supervision recently announced that it has entered an agreement with the Conference of State Banking Supervisors on a model for sharing consumer complaint information.

Colorado's Division of Financial Services recently earned re-accreditation from NASCUS.

The co-sponsorship of the Credit Union Regulatory Improvements Act (H.R. 1537) has grown to 104, including primary sponsor Paul Kanjorski (D-Pa.), in just the first three months.

The FDIC Board followed up at its last board meeting on talk of helping banks provide a payday loan alternative with formal guidelines.

Oregon Governor Ted Kulongoski has signed a bill into law that would enhance the authorities of state chartered credit unions there.

CUNA's Examination & Supervision Subcommittee recently established a Bank Secrecy Act Task Force to create a central location for submitting and analyzing BSA compliance and cost concerns and work toward solutions.