The 90 days given for public comment on the National Credit Union Administration's controversial risk-based capital plan is not enough and should be at least doubled, CUNA and the National Association of Federal Credit Unions told the regulator in letter sent Friday. More
The Senate Banking Committee Tuesday will be scrutinizing the nomination of Mark McWatters to become a member of the National Credit Union Administration board. Also on the early radar; House hearings on data security and regulatory burden. More
The National Credit Union Administration has banned four former credit union employees from participating in the affairs of any federally insured financial institution. More
"Unite for Good," the vision for credit unions to be Americans' best financial partners, is one year old now. CUNA President/CEO Bill Cheney, who unveiled the vision at the association's 2013 Governmental Affairs Conference, says this year's GAC held last week--with a record number of attendees--made it evident that the credit union movement has embraced the "Unite for Good" initiative. More
State credit union leagues were ebullient in sharing their experiences at CUNA's 2014 Governmental Affairs Conference, particularly after the release of a draft tax reform proposal that maintained credit unions' tax status. More
The Oklahoma Class of 2014 has an added high school graduation requirement this year--a Passport to Financial Literacy. Credit unions are expanding their already solid personal finance education programs to schools to help students meet the requirement and graduate. More
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