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16 Aug 2007, 1:32 pm
Back in the 60's, credit unions were unique, quite different from banks and savings & loan associations. [read post]
24 Aug 2008, 7:50 pm
Fleischman wrote an article about a bankruptcy judge in New York that fined Navy Federal Credit Union ("NFCU") over $13,000 for continuing to contact a debtor in violation of the U.S. [read post]
29 Jun 2016, 2:17 pm by Barbara S. Mishkin
Mishkin The Independent Community Bankers of America and the Credit Union National Association have sent a letter to Director Cordray “to express serious concerns” about the CFPB’s proposed rule covering single-payment payday and auto title loans, deposit advance products, and certain high-rate installment and open-end loans. [read post]
3 May 2013, 5:00 am by Nicole Kellner-Swick
Unfortunately, as credit unions endure the current compliance environment and the associated costs, those members at the lower end of the credit market will be made to suffer as their local credit union, which they have always relied upon for credit, may not have the resources necessary to be there to offer that credit in the future. [read post]
26 Jan 2023, 3:17 pm by John L. Culhane, Jr.
  The groups are the American Bankers Association, Credit Union National Association, Independent Community Bankers of America, National Association of Federally-Insured Credit Unions, and National Bankers Association.... [read post]
11 Nov 2007, 10:48 am
Abacus - Australian Mutuals, the association of mutual building societies and credit unions, has issued a Draft Code of Practice for all credit unions and mutual building societies that belong to Abacus and a consultation paper . [read post]
26 Feb 2007, 6:35 am
The following is an article reprinted with permission from the WWR Letter:   The Americans With Disabilities Act:  Requirements for Credit Unions By:  Raymond F. [read post]
22 Jun 2015, 7:44 am by Jim Slaughter
House Bill 511 “Credit Unions/Statutory changes” (with a full title of “An Act to Make Various Statutory Changes Related to Credit Unions”) was ratified by the North Carolina General Assembly on June 10, 2015, and signed by Governor McCrory on Friday, June 19, 2015. [read post]
28 Oct 2019, 9:43 am by Jochen Vester (UK)
In CP28/19 the FCA sets out proposed changes to the capital requirements that apply to credit unions by amending the following documents: The Credit Union Part of the PRA Rulebook; and Supervisory Statement 2/16: The prudential regulation of credit unions (SS2/16). [read post]
22 Jun 2015, 7:44 am by Jim Slaughter
House Bill 511 “Credit Unions/Statutory changes” (with a full title of “An Act to Make Various Statutory Changes Related to Credit Unions”) was ratified by the North Carolina General Assembly on June 10, 2015, and signed by Governor McCrory on Friday, June 19, 2015. [read post]
10 Nov 2010, 1:00 am by Mala Mason
Singerman, Associate Despites the efforts of CUNA, NAFCU, and many individual credit unions, the National Credit Union Administration (“NCUA”) is well on its way to making changes that will impose new restrictions on members and change Regulatory Flexibility (“Reg-Flex”). [read post]
23 Feb 2009, 11:20 pm
Our friend Anthony Bush with Anderson Nelms & Associates filed a case on February 2, 2009, against Bay Finance Company, Redstone Federal Credit Union and the consumer reporting agencies of Equifax, Experian and Trans Union. [read post]
21 Jan 2013, 6:12 am by Nicole Kellner-Swick
  According to Bill Cheney, President and CEO of Credit Union National Association (CUNA), in a published statement, “…raising the 12.25% cap to 27.5% would produce a conservatively-estimated first-year increase of $14 billion in loans and 157,000 jobs nationally. [read post]