Regulatory & Compliance

Balances to remain, regulator says.

NASCUS decries what is describes as NCUA preemption.

Another credit union friend in Congress calls is quits.

The suggestion in the Editors Column [July 25, page 4] that a Republican administration could mean a 180-degree turn in credit union regulation is unfortunately partisan.

Douglas Fecher, president/CEO of the $2.45 billion Wright-Patt Credit Union told lawmakers last week to direct the Consumer Financial Protection Bureau to limit regulatory burden by using existing tools, such as the power to exempt credit unions from its rulemaking.

NASHVILLE, Tenn. NCUA resources are being disproportionately applied to small credit unions and skimping on large credit union supervision, NCUA Chairman Debbie Matz told NAFCUs annual conference attendees during her general session address July 24