Chair’s View: Walk like a bank, talk like a bank … get regulated like a bank
When the rules of the road that apply to banks do not apply the same way to nonbank service providers.
Tag: Credit unions
State bankers associations seek federal study on credit unions’ tax status
The Treasury Department should conduct a study of the $2.37 trillion credit union system to determine whether its current activities ...
Former NCUA board members file lawsuit over removals
Two former National Credit Union Administration board members have filed a lawsuit in federal court challenging their terminations, calling the ...
Trump removes Harper, Otsuka from NCUA board
President Trump removed Democrats Todd Harper and Tanya Otsuka from the National Credit Union Administration board despite both having several ...
ABA DataBank: Credit unions buy record number of banks in 2024
Credit union acquisition of banks doubled their pace in 2024, hitting a record high of 22 announced deals.
ABA DataBank: Credit unions leverage Bank Term Funding Program
Bank Term Funding Program data shows that credit unions made up just 28% of borrowers but received over 40% of ...
Report: Bank-credit union mergers ‘have hit a lull’
Regulatory uncertainty and banking industry advocacy likely led to a slowdown in credit union acquisitions of banks so far in ...
Former NCUA chair named acting OCC head
Former National Credit Union Administration Chairman Rodney Hood was named acting Comptroller of the Currency by Treasury Secretary Scott Bessent. ...
Former FDIC chair urges lawmakers to rethink credit union tax exemption
As the Trump administration searches for cost savings to address federal budget deficits, it is time to reexamine credit union ...
ABA Chair Asbury discusses credit unions, bank regulation in interview
Credit unions that compete with banks — and especially those that buy banks — should pay taxes, ABA Chair John ...
