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As many as 20% of institutions haven't started planning for the new standard, according to one study. Many say CUs must start now in order to be ready, even if the rule is postponed.
July 1 -
From regulatory reform to natural disasters and more, here's a look at Credit Union Journal's special report on what to expect for the second half of the year.
June 28 -
Linda Landry, who at one time led Southeast Texas Employees FCU, has been barred from participating in the affairs of any federally insured financial institution.
June 28 -
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 -
The American Bankers Association also argued that the definition of a low-income credit union was too broad.
June 26 -
Credit unions and the rest of the financial services sector, in the spirit of recent criminal justice reform, should be more open to hiring workers with low-level criminal convictions.
June 26 -
The Ohio Democrat praised Todd Harper, one of the regulator's newest board members, for his attempt to shift the agency's focus toward issues such as concentration risk.
June 24 -
As the Federal Credit Union Act turns 85, industry figures are working on issues related to executive compensation, UDAAP and more, all while girding for a slowdown in membership and loan growth.
June 24 -
The National Credit Union Administration is considering increasing the threshold for nonmember deposits but bankers have vowed to fight back, including possibly suing the regulator.
June 24 -
Executives and directors from across the industry discussed their concerns for the industry and priorities for the next year during this year's NAFCU and CUNA annual conferences.
June 21