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21 Jul 2017, 8:35 am
” (Pursuant to Dodd-Frank Section 1022, the CFPB is authorized to “prescribe rules regarding registration requirements applicable to a covered person, other than an insured depository institution, insured credit union, or related person. [read post]
20 Jul 2017, 9:29 am
We were the first to offer for-credit, multi-institutional distance learning courses in law. [read post]
19 Jul 2017, 8:14 am
The Upper Chesapeake Health Foundation has appointed Michael MacPherson, president/CEO of Freedom Federal Credit Union, to its board of directors. [read post]
19 Jul 2017, 6:10 am
In my next post I will cover more of the proposed changes, including those related to unionized or union vulnerable workplaces. [read post]
17 Jul 2017, 2:01 pm
The HLEG was established in October 2016 as one of the initiatives relating to the Commission’s capital markets union (CMU). [read post]
17 Jul 2017, 11:52 am
” Like the CHOICE Act, the Appropriations Bill would also add the same language (with the word “section” changed to “subsection” when appropriate) to the provisions in the Home Owners Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act that provide rate exportation authority to, respectively, federal savings associations, federal credit unions, and state-chartered banks. [read post]
15 Jul 2017, 2:14 pm
The traditional taxi operations (and their unions) were either going to have to up their game and offer better service or they would go the way of the dinosaur. [read post]
13 Jul 2017, 9:30 pm
The American Civil Liberties Union (ACLU) filed a lawsuit in the U.S. [read post]
13 Jul 2017, 11:08 am
Last, if more than 1,000 Floridian’s Personal Information is accessed as described above, then the covered entity must also notify Credit Reporting Agencies. [read post]
13 Jul 2017, 10:01 am
The FSOC, which was created by the DFA, has ten voting members consisting of: the Treasury Secretary (who serves as FSOC Chairperson), the Federal Reserve Chairperson, the Comptroller of the Currency, the CFPB Director, the SEC Chairperson, the FDIC Chairperson, the Commodity Futures Trading Commission Chairperson, the Federal Housing Finance Agency Director, the National Credit Union Administration Board Chairperson, and an “independent member” with “insurance… [read post]
10 Jul 2017, 9:23 am
The witnesses scheduled to appear at the hearing are: Robert Fisher, President & CEO of Tioga State Bank on behalf of the Independent Community Bankers of America Rick Nichols, President & CEO of River Region Credit Union on behalf of the Missouri Credit Union Association J.W. [read post]
10 Jul 2017, 4:00 am
… Risk Management & Crisis ResponseCanada’s federal banking regulator releases advisory on the use of the Bank Words: Implications for FinTechs, credit unions and other financial services providers On June 30, 2017, the Canadian banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), issued an advisory (the Advisory) that sets out how OSFI interprets and administers (a) the Bank Act restrictions on the use of the… [read post]
6 Jul 2017, 6:07 pm
Kaplan began his public service in 2007 as a special assistant in the DOL’s Office of Labor-Management Standards. [read post]
5 Jul 2017, 5:37 am
Have terms like “banking” become a generic and acceptable way for credit unions and other non banks to describe their services? [read post]
4 Jul 2017, 3:53 pm
Discipline comes when the costs of choices can be imposed on the individual (bad credit ratings increases the cost of borrowing; smoking raises costs of health benefit plans, etc.). [read post]
2 Jul 2017, 1:00 pm
The interesting thing is this entity isn’t a lender, servicer or guarantor of your loan. [read post]
2 Jul 2017, 1:00 pm
The interesting thing is this entity isn’t a lender, servicer or guarantor of your loan. [read post]
30 Jun 2017, 9:01 am
In particular, regulators would likely be focused on confirming that only legal transactions were flowing through the credit union, and that MRBs were not obtaining services from the credit union under false pretenses. [read post]
30 Jun 2017, 9:01 am
In particular, regulators would likely be focused on confirming that only legal transactions were flowing through the credit union, and that MRBs were not obtaining services from the credit union under false pretenses. [read post]
29 Jun 2017, 1:36 pm
Treasury Department recently issued a report titled “A Financial System That Creates Economic Opportunities-Banks and Credit Unions. [read post]
