ABA Calls for ‘Top-to-Bottom’ Assessment of Credit Union Industry
In a letter to the National Credit Union Administration board and inspector general today, the American Bankers Association called for ...
Tag: Credit unions
New Report Finds Credit Unions Operate with ‘Scant Regard’ for Statutory Mission
On the eve of the 85th anniversary of the Federal Credit Union Act’s enactment, new research released today found that ...
NCUA Votes to Delay Risk-Based Capital Rules for Credit Unions
In a move strongly opposed by the American Bankers Association, the National Credit Union Administration by a 2 to 1 ...
Sen. Schumer Takes NCUA to Task Over Predatory Taxi Medallion Lending
In a May 21 letter to the National Credit Union Administration, Senate Minority Leader Chuck Schumer (D-N.Y.) asked the regulator ...
ABA Slams NCUA Proposal Expanding Credit Union Access to Non-Members
The National Credit Union Administration board today proposed a rule that would allow federal credit unions to have up to ...
Op-Ed Highlights Consequences of NCUA Appraisal Threshold Proposal
A move by the National Credit Union Administration to quadruple the appraisal threshold for nonresidential real estate loans could have ...
ABA, CBA Urge CFPB Not to Cede Supervisory Authority for Large CUs to NCUA
The American Bankers Association and the Consumer Bankers Association on Friday wrote to the Consumer Financial Protection Bureau Director expressing ...
NCUA Planning More ‘Flexibility’ in Credit Union Executive Compensation Plans
The National Credit Union Administration last week requested public feedback on ways it can change its regulations on loan-based compensation ...
Radio Feature Illustrates ‘Relaxed Regulations’ on Credit Union Membership
A story on NPR's "Marketplace" program tonight illustrated how credit unions have used ever-looser field of membership regulations to expand ...
Florida’s Sanchez: ‘Corporate Welfare’ for Credit Unions Must End
Congress cannot proclaim its support for community banks while allowing tax-subsidized credit unions to continue growing and competing against banks ...
