Washington DC

Chris Lorence, a former marketing official at the Independent Community Bankers of America, is the Credit Union National Association's latest recruit from other financial services trade groups in recent years.

The American Institute of Certified Public Accountants says banks are fighting accounting fatigue — thank CECL for that — and wants the FASB to push back a deadline for privately held firms to put operating leases on their balance sheets.

The Credit Union National Association has partnered with the group to help distribute the platform to financial institutions free of charge.

Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.

Last-minute arguments from the American Bankers Association have put the National Credit Union Administration on the back foot in advance of an appeal hearing more than a year in the works.

Last-minute arguments from the American Bankers Association have put the National Credit Union Administration on the back foot in advance of an appeal hearing more than a year in the works.

The bipartisan bill, praised by credit union trade groups, is the top 2019 legislative priority for the Defense Credit Union Council.

Along with amendments to the Bank Secrecy Act, the Taxpayers First Act could help credit unions maintain their tax-exempt status.

Lenders argue that the move is premature, citing record-low charge-offs in the agency's 7(a) program.

Paul, one of American Banker's Community Bankers of the Year in 2012, made Eagle a formidable Washington-area institution.

The regulator's governing body has been short-handed since former chairman Debbie Matz stepped down in April 2016.

J. Mark McWatters, chairman of NCUA, and Rick Metsger, a board member, also said that Congress should give the agency more authority over field of membership for underserved areas.

Credit union executives are hitting the Hill on Wednesday to discuss their concerns with lawmakers as CUNA's Governmental Affairs Conference ends.

The trade association met with the Justice Department to reiterate credit union concerns about how the Americans with Disabilities Act applies to websites.

A new regulation in the Golden State could provide a de facto national standard as Congress continues to stall on data breach legislation.

The agency wants to increase the maximum SBA Express loan to $1 million from $350,000 to pump up volume.

Todd Harper and Rodney Hood's nominations to the National Credit Union Administration board are not expected to face significant opposition.

Bankers are eager to expand there through M&A, de novos or other means, encouraged by strong employment and disruption created by recent consolidation.

A Senate confirmation hearing for Todd Harper and Rodney Hood focused on a recent scandal at the National Credit Union Administration, a controversial appraisal rule, regulatory consistency and more.

A MAPS Credit Union executive told the House Financial Services Committee her institution is proof credit unions and banks can safely serve the legal weed space.