NCUA’s Office of Minority and Women Inclusion reported progress in the agency’s efforts to promote diversity in management, employment and business activities in a report to Congress released this week. The report says [...]
By Dennis Child, Marketing Director, Thompson Consulting and Training Struggling credit union CEOs express concern and frustration with their regulators who are insisting their institutions implement significantly less risk in their operations. After comprehensive study [...]
The extent and limits of the Financial Stability Oversight Council’s authority to ensure different regulators are coordinating with each other in rulemakings was a key area of focus at a House subcommittee hearing Thursday. [...]
BY HEATHER ANDERSON The expansion of CUNA’s Regulatory Advocacy Report distribution is the latest effort by trade associations to respond to industry calls for solutions to the growing regulatory burden. The weekly Monday morning [...]
BY HEATHER ANDERSON Credit union trade association representatives were told during a Consumer Financial Protection Bureau industry briefing Thursday that recent rules defining qualified mortgages aren’t intended to pressure lenders into meeting QM standards [...]
Regulators in the US have issued a draft of proposed guidelines governing social media use by banks and credit unions — everything from Twitter to FarmVille. The bottom line? You’ll need to have a formal [...]
The National Credit Union Administration and bank regulators have asked for comment as they prepare guidelines for social media use by financial institutions. The regulators on Tuesday released proposed guidance addressing how consumer protection and [...]
By John Tippets Embrace six perspectives to build the future of the CU movement. The following perspectives could have value and be a positive influence on the future of the credit union movement: 1. Branding. [...]
Sometimes I think that credit unions get so frustrated with feeling picked on by regulators and overwhelmed by the mountain of regulations with which they have to comply that they overlook the fact that regulations [...]
