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A new rule allowing people with long-ago criminal convictions to find employment at credit unions is good for both the industry and for society at large.
November 3National Credit Union Administration -
Increasing federal deposit insurance limits is not the answer to the banking system's woes. It would cause riskier behavior and more red tape. And it wouldn't prevent bank runs.
September 29 -
The National Credit Union Administration voted unanimously to make it easier for boards of directors to ban problematic members.
July 20 -
We have the tools to address our housing challenges through a mix of regulatory reforms, policy changes, incentives and investment. What's needed is the will and leadership to put those tools to work.
June 23National Credit Union Administration -
It would be a mistake for regulators in the U.S. and Canada to delay the rollout of rules supporting open banking. Fears of bank runs as a result of customer access to their own financial data are overblown.
June 6Financial Data and Technology Association of North America -
This congressionally mandated mission plays a critical role in funding important projects in communities across the country.
April 10Flushing Bank -
The National Credit Union Administration unanimously approved modifications to its 2020 rule that raise maturity ceilings on offerings and simplifies redundant language.
March 16 -
The House of Representatives approved a bill that would amend the Federal Credit Union Act to halve the number of board meetings many credit unions would have to conduct each year.
February 3 -
The National Credit Union Administration's emergency exemption allowing for remote board and membership meetings at federally chartered institutions is scheduled to lapse at year-end. The agency's chairman recommended hybrid meetings as an option that can satisfy traditional meeting requirements.
December 9 -
Federal credit union boards would be able to dismiss a problematic customer in a streamlined process under the National Credit Union Administration's tentative plan.
September 23