Regulatory & Compliance

Provision was to take effect on June 1. CUNA has asked for extension until January.

Provision was to take effect on June 1. CUNA has asked for extension until January.

In a sweeping order that delays proceedings on eight pending NCUA lawsuits against Wall Street banks over mortgage backed securities sold to failed corporate credit unions, U.S. District Judge John W. Lungstrum said April 29 that he will wait for the result of a related appeals court ruling, citing concerns...

The Consumer Financial Protection Bureau released its final remittance rule April 28 and gave providers six months to comply, setting an Oct. 28 effective date. The bureau had originally proposed a 90-day compliance window following its release of the final rule.

U.S. Rep. Jan Schakowsky attends financial literacy classes taught by Alliant volunteers at Des Plaines middle school.

U.S. Rep. Jan Schakowsky attends financial literacy classes taught by Alliant volunteers at Des Plaines middle school.