Regulatory & Compliance

FASB has proposed pushing back the effective date for CU compliance with CECL to January 2023.

This will be the final chance credit unions have to take advantage of the streamlined certification process this year.

After Monday the House and Senate have only nine days of legislative action scheduled before the program expires.

The political contribution machine is like an ATM, and if the past is any indication, it will keep humming until Nov. 3, 2020.

"This will go a long way toward providing relief to credit unions ..." Hood tells Caucus attendees.

Rep. Carolyn Maloney has introduced her "Overdraft Protection Act" numerous times, but has been consistently blocked by Republicans.