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FASB delayed implementation for the majority of banks and credit unions until 2023, but many in the industry still oppose the rule, despite regulators' attempts to ease the path forward.
October 17 -
Federal regulators should amend a capital buffer requirements for certain derivatives to avoid economic damage.
October 11
American Bankers Association -
The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns that credit unions could become an even more inviting litigation target.
October 10 -
The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns among bankers that they could become an even more inviting litigation target.
October 9 -
Delinquencies on indirect auto and home equity loans are trending up, while past-due rates on credit cards are declining, according to a recent report by the American Bankers Association.
October 8 -
The banking trade group is asking for an en banc rehearing of its field-of-membership challenge before all 17 judges of the D.C. Court of Appeals.
October 8 -
Large financial institutions and trade groups are among the organizations targeted in the Democrat’s latest proposal to rein in corporate influence in Washington.
October 2 -
Chairman Rodney Hood has pledged to put forth a rule on CU-bank purchases before the end of the year. It's likely to lead to another clash with bankers.
September 27 -
The association filed a comment letter urging FASB to delay CECL implementation for all banks, while asking a key accounting group to support its effort.
September 17 -
Regulators are letting banks choose from among four security frameworks, but some observers are urging a more prescriptive approach.
September 16 -
With legal questions still lingering, the regulator said it will begin accepting applications from credit unions looking to take advantage of its revised field of membership rule but did not specify when it would take action on those submissions.
September 4 -
The Independent Community Bankers of America provided seed funding for Teslar Software, which supplies community banks with a platform to manage data from different internal systems.
August 27 -
Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate.
August 26 -
Nearly three years after NCUA passed the rule, credit unions are ready to broaden their reach, but the possibility of an appeal to the Supreme Court may put those efforts on hold.
August 26 -
A panel of federal appeals court judges reversed a district court’s decision on the NCUA’s controversial field-of-membership rule, but saw merit in bankers’ claims of potential redlining.
August 20 -
The Granite State’s highest court upheld a lower court’s ruling in a suit claiming the banking trade groups had defamed the patent firm.
August 20 -
President Trump is expected to sign legislation soon that would expand the number of farmers who could file under the more lenient Chapter 12. Ag lenders are worried because farm bankruptcies recently rose and the trade war with China could worsen.
August 11 -
Financial institutions welcome regulatory feedback on their fintech offerings, but the industry wants the agency to waive enforcement for approved products.
July 30 -
The industry trade group said Rakuten's nonfinancial activities raise questions about its pursuit of a banking charter.
July 26 -
The banking trade group sent a letter to the National Credit Union Administration board and Inspector General, arguing that a report released earlier this week was a a "wake-up call."
June 28
















