Regulatory & Compliance

The Senate came back last week and didnt take up legislation to delay the delayed implementation of the Fed's rule regulating debit interchange rates. But the NCUA and trade groups weighed in again about the impact on small issuers.

Citing safety and soundness concerns, the NCUA is rejecting pleas by NAFCU and some credit unions to reverse its recent decision and allow well-capitalized credit unions to be exempt from restrictions on how much they can spend on fixed assets.

House Republicans last week took the first steps to change the structure of the new consumer protection bureau in a way that Democrats say would weaken it.

Taxation fears are once again permeating the thoughts of credit union leaders.

Nearly a month after the NCUA placed Texans Credit Union in conservatorship, the regulator has begun the process of assessing the adequacy of the cooperatives allowance for loan and lease losses account.

NEWPORT BEACH, Calif. — The NCUA is “very much in favor of indirect lending,” according to Victoria Bennett, region V lending specialist, during a session on Balancing Risk with Rewards of Indirect Lending.