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NCUA's Rejection of Longer Exam Cycles Premature: McWatters
NCUA Board Member J. Mark McWatters points to the agency’s rejection of proposals to revert to an 18-month exam cycle without any debate as further evidence of the need for public budget hearings and greater transparency from the regulator.   more »
As the 2008 financial crisis fades into memory, it has become increasingly unlikely that any bankers or traders involved will see jail time. But while no individuals were ever charged with a crime, the feeling that the fat cats of the financial industry got away scot-free will affect the 2016 presidential race and beyond. more »
Less than 48 hours after NAFCU and the Cooperative CU Association each sent NCUA letters urging the regulator to return to an 18-month examination schedule, the agency scuttled the idea. more »
Credit unions are pushing NCUA to revert back to an 18-month examination schedule. more »
A look at how Dodd-Frank has really impacted the financial services industry, and what other forces are at play. more »
Illinois has signed two agreements to allow its state-chartered credit unions operate out of state. more »
Though one of the defendants in the case appeared in a federal court in New York earlier this week, no pleas have been entered in the illegal Bitcoin exchange with ties to a small, low-income CU in New Jersey. more »
Compliance CUSO COMPASS 4 CUs LLC is celebrating its five-year anniversary this month with a modern twist — YouTube videos and hashtags. more »
Credit unions and banks alike are fighting back against a proposal by the Department of Education (ED) that would restrict how universities disburse federal student loan funds, arguing the agency has overstepped its statutory authority. more »
The trade group representing state regulators and state-chartered CUs is pressing NCUA for more details on why the agency believes OTR shouldn't be subject to public notice and comment. more »
Jolina M. Sanchez faces trial for allegedly diverting over $300,000 in member deposits. more »
Democrats are demanding action for pending nominees before the Senate Banking Committee — here's what happens next and why it matters. more »
Credit union trade groups want U.S. Senate leaders to oppose an amendment to the Cybersecurity Information Sharing Act (CISA) that would give NCUA the authority to regulate and examine third-party vendors to CUs. more »
PayThink
Sep 28 – 30, 2015   Las Vegas, NV
The Cosmopolitan of Las Vegas
Not Just for Dolls
The latest spot from WesTex FCU focuses on the credit union's community charter.