Regulatory & Compliance

The House Financial Services Committee passed the Protecting American Taxpayers and Homeowners Act July 24 by a vote of 30-27.

The battle over a new federal regulation barring disparate impact in sale of homeowners insurance is moving to the courts.

ALEXANDRIA, Va. On July 25, the NCUA Board approved a 0.08% 2013 assessment to federally insured credit unions for the Temporary Corporate Credit Union Stabilization Fund. Those eight basis points represent the lowest end of the NCUAs estimate of eight to 11 basis points announced in November 2012 and...

The NCUA approved 18 completed credit union mergers in June, compared to 15 completed mergers approved in June 2012, the agency said last week.

The NCUA announced last week at its monthly board meeting that credit unions assessment for the Temporary Corporate Credit Union Stabilization Fund would be a mere eight basis points. The total bill for credit unions comes to $701 million, or approximately $100,000 on average per credit union, for 2013. Its...

Agency terminates Letter of Understanding and Agreement with $2.2 million Lynn Municipal Employees CU.