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July 28, 2014

House FSC markup of Reg D Study Act set for Tuesday

Washington
The House Financial Services Committee will begin a markup of the Regulation D Study Act (H.R. 3240) Tuesday, a bill supported by CUNA. ReadMore

CUs differ from banks in approach to subprime auto loans

CU System
A July 21 article in The New York Times described how the subprime auto loan market has grown 130% in the five years since financial crisis, with roughly one in four new auto loans last year going to borrowers with credit scores at or below 640. Credit unions and banks approach the market quite differently. ReadMore

Neb. Hike the Hill focuses on reg relief

CU System
Nebraska credit union advocates took their message of regulatory relief to Capitol Hill during a Hike the Hill event earlier this month. ReadMore

McCaskill: RBC proposal means downgrade of 79% of Mo. CUs

Washington
Missouri credit unions have raised several issues with the National Credit Union Administration's risk-based capital proposal, prompting Sen. Claire McCaskill (D-Mo.) to write to the agency. ReadMore

Maine league rallies volunteers for Michaud campaign

CU System
The Maine Credit Union League is soliciting volunteers to help elect U.S. Rep. Mike Michaud (D-Maine) for governor. ReadMore

CUNA BSA training to reach 38 Mich. state examiners

CU System
CUNA has been invited by the Michigan Department of Financial Institutions to provide CUNA Bank Secrecy Act training to 38 state examiners during a Department of Insurance and Financial Services training event later this year. ReadMore
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