Regulatory & Compliance

A bill that could reduce the ability of the CFPB and NCUA to issue new regulations has some traction, NAFCU's chief lobbyist said.

WASHINGTON Although speakers at NAFCUs Congressional Caucus pledged their support for credit union member business lending , not one member of Congress said MBL legislation would be passed before the end of this year.

With the futures of Medicare and Social Security main topics in this years election, baby boomers are surprisingly more concerned about another issue.

Years ago before my time in credit unions, CUNA and NAFCU decided one would hold its Governmental Affairs Conference at the beginning of the congressional session and NAFCU would target the end. The lines have blurred some and lobbying receives more emphasis on the whole.

The NCUA is standing by its decision to limit bids for Autoland Inc., an auto buying CUSO, to only credit unions and CUSOs.

DENVER The NCUAs opt-in process for low income credit union designation may expand to include state-chartered credit unions, NCUA Chairman Debbie Matz announced last week during her keynote speech at the 2012 NASCUS Summit. The agency hopes to put the program into play later this month by working with...