NAFCU

Congress is considering additional tax reform, while the NCUA board is taking comments on a proposed rule to ease appraisal limits and more.

A recent bill to update data breach notification requirements has pitted state and federal credit union trade groups in opposing camps.

The Credit Union National Association believes the NCUA has not moved quickly enough to grant an 18-month exam cycle to credit unions with $3 billion or less in assets.

Credit union trade groups are calling on the National Credit Union Association to raise the asset threshold for CUs eligible for an 18-month exam cycle, bringing them in line with community banks.

Heading into the mid-terms, credit unions must remain focused on how to move forward these four key legislative and regulatory initiatives.

Credit union advocates shattered records with the number of comment letters they sent the regulator when its original risk-based capital proposal was issued, but a revision proposed last month garnered just 37 responses.

There's a flurry of credit union-related activity on tap in Washington this week, but it could all get pushed aside by Hurricane Florence.

Credit unions historically have focused on laws that directly pertain to them, but in a break with that tradition, NAFCU is calling on Congress to reintroduce efforts to break up big banks.

Remote exams could save the National Credit Union Administration $50,000 on travel costs alone, and participating CUs say the project is a good start – but there is still work to be done.

Credit union groups are praising the committee's approval of Kathy Kraninger's nomination to head the Consumer Financial Protection Bureau in the face of strong Democratic opposition. Nominations for other positions also moved forward.