Washington DC

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.

If the government insists on forcing another shutdown, business owners are intent on letting Congress know how much the last one hurt.

Shareholders in Subchapter S corporations will get some tax relief of their own under a new Treasury Department rule that will let them take a 20% deduction on qualified business income, which includes loan originations and sales.

The shutdown is keeping the agency from approving about 300 loans per day, according to CBA President Richard Hunt.

Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.

Farm Service Agency staff will have three days to work on existing loan applications and provide tax documents for existing loans.

Though it would be based in the nation's capital, MOXY Bank would also have significant operations in Charlotte, N.C.

The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.

Despite the ongoing federal work stoppage, some scheduled activities are still taking place this week in Washington.

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

President Trump has threatened that the closure may go on for a prolonged period. This could lead to higher loan delinquencies at credit unions that serve federal workers.