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Letter: Are Prepaid Assessments a Good Investment?

By G. Michael Moebs

On the heels of Sheila Bair relinquishing her chairmanship of the FDIC, NCUA seems poised to incorrectly continue her legacy.

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Hearing Clash on New CFPB Powers

Interchange Rule Draws Flak

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Regulatory & Compliance Stories

July 17, 2011

Board Governance Focus of New Survey

Late last year the NCUA published its regulation on expectations for credit union directors. The agency focused specifically on financial literacy and how it will be measured. As the July 27 deadline for compliance looms, Credit Union Leadership Forum conducted a survey of credit union executives and board members as...

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July 17, 2011

Marx on Capitol: Prepay Pledge Month Needs a Makeover

There is, we are told, no such thing as a free lunch. For the NCUA, however, there may well be free money.

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July 17, 2011

Consumer Bureau Ready to Start Up

When the new Consumer Financial Protection Bureau begins operations on July 21 it will be a headless wonder, albeit one with lots of clout. At press time, President Obama hadnt named a permanent director for the CFPB. However, that wont prevent the bureau from issuing regulations and examining certain large...

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July 17, 2011

CUSO Regs Readied by the NCUA

When the NCUA issues its proposed regulation of credit union service organizations on July 21, it will be an attempt by the agency to keep a closer eye on organizations whose role has grown and therefore expose credit unions to greater risk.

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July 17, 2011

NCUA Liquidates CU Linked to Online Poker

The $8.1 million Vensure Federal Credit Union, the Arizona credit union that at one time made most of its money by processing transactions for Internet poker sites, is no more. The NCUA announced it has liquidated the Mesa-based credit union on July 11, the same day a court case...

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July 17, 2011

Obama to Nominate Cordray as Director of CFPB

Former Ohio attorney general already had been chosen to run new bureau's enforcement programs.

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July 17, 2011

Obama to Nominate Cordray as Director of CFPB

Former Ohio attorney general already had been chosen to run new bureau's enforcement programs.

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