Regulatory & Compliance

Before the holidays, NCUA Vice Chairman Rodney E. Hood addressed a Washington, D.C., FDIC conference entitled, "Affordable, Responsible Loans for the Military." The conference focused on building profitable, long term, multiple-account banking relationships through affordable credit and providing a better alternative to high cost, non-bank, financial service providers often found...

The Financial Crimes Enforcement Network, an office of the Treasury Department, sent out a call for nominations of financial organizations and trade associations to serve on its Bank Secrecy Act Advisory Group. The BSA regulator announced it was seeking nomination in the Dec. 7 edition of the Federal Register with...

NCUA Chairman JoAnn Johnson presented the President's Call to Service Award to Kenneth Uffman and James Moore, recognizing more than 4,000 hours of lifetime volunteer service.

NCUA Chairman JoAnn Johnson has announced the selection of 15-year NCUA employee Mike J. McNeill as the agency's ombudsman beginning Jan. 1. McNeill began his career with NCUA in 1991 as a credit union examiner in Dayton, Ohio. In 1999, he was promoted to systems accountant in the Office of...

NCUA issued an order of prohibition against Crystal Bottomley, banning her from further participation in the affairs of any federally insured financial institution.

NCUA Chairman JoAnn Johnson visited last month with credit unions in Louisiana still recovering from the blow they were dealt by Hurricane Katrina.