Regulatory & Compliance

The NCUA may be saying it has no intent of compelling corporates to merge, but a recent upload to the NCUA website might say otherwise.

Brief filed in TCF National Bank lawsuit argues that banks and credit unions deserve same protection as public utilities.

Volunteer Corporate Federal Credit Union has announced its “intent to explore a merger” with West Virginia Corporate Federal Credit Union, a VolCorp spokesperson said Tuesday.

At press time, the House Financial Services Committee was close to passing a bill extending the National Flood Insurance Program for five years and three bills to make changes to the structure of the Bureau of Consumer Financial Protection.

GREENBELT, Md. — Saying that the NCUA and other regulators are marching toward “regulatory extremism,” the leader of a movement aimed at pressuring Congress to make changes to the NCUA outlined the extent of his frustrations with the status quo.

Everybody in Congress and in the Obama administration say they are for consumer protection. However, in the debate over the new consumer bureau, it depends on what the meaning of “consumer protection” is.