by GrafWebCUSO | Jan 25, 2017 | News
The CFPB must remain above the political fray to be able to effectively do its job, embattled Director Richard Cordray said Tuesday. “It has to be something that has to be kept separate from partisan politics and big-money special interests that would quash it...
by GrafWebCUSO | Jan 25, 2017 | News
While Congressional Republicans appear far from united on how to proceed with a plan to fully repeal and replace the Affordable Care Act, President Donald Trump wasted no time putting in place an executive order that could significantly impact existing...
by GrafWebCUSO | Jan 25, 2017 | News
Having been dealt a setback in federal court, the Independent Community Bankers of America is vowing to “level the tax and regulatory playing fields” between banks and credit unions “through all appropriate avenues.” ICBA President Camden Fine...
by GrafWebCUSO | Jan 24, 2017 | News
2016 was a slow year for credit union mergers. The NCUA approved 200 consolidations last year. That’s down from the 238 approved mergers in 2015, and much lower from the 262 mergers in 2014 and the 258 mergers approved by the federal agency in 2013. At the end...
by GrafWebCUSO | Jan 24, 2017 | News
A federal judge in Virginia on Tuesday dismissed the suit filed by community bankers challenging the NCUA’s new Member Business Lending Rules. Judge James C. Cacheris of the Eastern District of Virginia said the lawsuit filed by the Independent Community Bankers...
by GrafWebCUSO | Jan 24, 2017 | News
Speculation about delays in the implementation of controversial and long-anticipated Department of Labor fiduciary rules may have some credit unions wondering whether to ease up on efforts to prepare for new compliance hurdles, but two experts say credit unions...
