Regulatory & Compliance

ALEXANDRIA, Va.-NCUA has hired an old credit union hand as its new Freedom of Information Act officer. Dianne Salva, who has handled FOIA requests in recent years, has shifted over to the agency's litigation department but a familiar face is taking her place. Former NAFCU Director of Compliance Linda Dent...

WASHINGTON - In a rare twist, the Independent Community Bankers of America is opposing a regulator proposal that CUNA says is greatly needed. The Office of the Comptroller of the Currency's proposal considers a bank or thrift at risk if its total loans in construction, land development or other land...

WASHINGTON-Separating domestic and international wire transfers would be "problematic" for smaller financial institutions, including credit unions, CUNA said in a comment letter to the Financial Crimes Enforcement Network. Treasury, through FinCEN has been mandated by Congress to investigate the feasibility of reporting cross border electronic funds transfers in support of...

ALEXANDRIA, Va.-Getting back to her teaching roots during Financial Literacy Month in April, NCUA Chairman JoAnn Johnson is making several stops nationwide to promote financial education and credit unions' efforts. On April 13, Johnson appeared with Treasury Deputy Assistant Secretary for Financial Education Dan Iannicola, Jr. at CUNA's Madison, Wis....

WASHINGTON - Small business owners in Colorado and Georgia will have more of an early say on how proposed state regulations may affect them. On April 4, Colorado Gov. Bill Owens extended relief for the state's more than 493,000 small businesses by signing into law HB 06-1041. The new law...

BIRMINGHAM, Ala. - NCUA Vice Chairman Rodney Hood and Congressman Artur Davis (D-Ala.) will share the stage at a credit union event later this month. Hood and Davis are slated to address the Alabama Credit Union League's CEO Roundtable at the Birmingham Hilton April 28. All of the credit union...