Regulatory & Compliance

Comments from credit unions express concerns about rates, compliance burden as January effective date approaches.

Rep. William Lacy Clay (D-Mo.) is a co-sponsor of member business lending and supplemental capital bills favored by the credit union lobby.

Rep. William Lacy Clay (D-Mo.) is a co-sponsor of member business lending and supplemental capital bills favored by the credit union lobby.

The question of whether or not the Federal Reserve went far enough or too far in capping debit card interchange in accord with the Durbin amendment went before a U.S. District Court Judge recently.

An examiner assigned to the $32 million Commodore Perry FCU did not harass employees or retaliate against the Oak Harbor, Ohio-based credit union, the NCUA said Oct. 9.

According to recent reports in The Wall Street Journal and other publications, Hawaiis tourism economy is experiencing a big wave of double-digit increases in visitor arrivals and spending over the past year. However, Hawaii credit unions reported a flat return on average assets during first-quarter 2012, according to the NCUAs...