Municipal Credit Union Chairman Mark Brantley and Consultant Marvin Umholtz provide point and counterpoint on Dodd-Frank mandated diversity initiatives.
NCUA and five other regulators extend comment period on proposed new standards to Feb. 7.
First Data's move to cut more than 500 jobs from its Denver location drew attention to the company and its relationship to the firm Kohlberg Kravis Roberts.
Five hundred job cuts in Denver part of company's bid to be more efficient and innovative, spokesman says.
The increasing popularity of crowdfunding to raise capital for small businesses could actually complement credit union business lending, not compete with it, said one industry expert.
Dodd-Frank mandate requires CUs with more than 100 employees to file annual diversity self-assessments. NCUA will not use the exam process to assess diversity.
SEC approves proposed rules that would permit companies to sell securities through crowdsourcing.
The NCUA and other federal agencies said Sept. 24 that reporting suspected elder financial abuse does not generally violate privacy law.
NCUA joins fellow agencies in issuing guidance under Gramm-Leach-Bliley that allows financial institutions to report suspected fraud against elderly.
NCUA chairman to meet at White House today for closed-door Dodd-Frank update.