It’s been rumored for more than a week, but now it is official, the House Financial Services Committee will begin looking at H.R. 2769, the Risk Based Capital Study Act of 2015. The markup session will take place on Wednesday Sept. 30. The...
Florida’s congressional districts court case began last week in a Leon County courtroom. This is the latest episode of a three-year battle that has left the state without political boundaries for the 2016 election. The case is now in court...
In a move that caught Republicans and observers by surprise, House Speaker John Boehner announced he will step down at the end of October. Speaker Boehner said that he served with “class and humility.” However, he has come under first...
Congratulations to the following recipients of awards from CUNA’s awards program! These winning entries will be sent to CUNA’s national competition, where they will compete with other state winners from throughout the country. The awards will...
Last week, the NCUA board voted to change the definition of a small credit union from under $50 million in assets to under $100 million in assets under the Regulatory Flexibility Act. The board reasoned that more than three-quarters of all federally...
It’s already time to start thinking about the CUNA GAC. The housing block opened this morning. The League’s room block is once again at the Grand Hyatt where it has been since 2010. Credit unions are urged to reserve rooms as quickly as...
CUNA announced Wednesday that it is reducing member dues for 2016. The reduction recognizes the need for CUNA to continue to become leaner and more agile, as well as calculate dues in a way that that celebrates and rewards credit union success and...
The Federal Financial Institutions Examination Council (FFIEC) is now making available the data on mortgage lending transactions at 7,062 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). The HMDA data covers 2014...
According to the Krebs on Security website, once the Target data breach happened in 2013, the company found that when hackers were inside the store’s system, there were no safeguards in place to keep them from gaining customer’s personal...
On Monday, a new set of regulations went into affect regarding the U.S. and Cuban relations. These are additional revisions to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR). The new revisions are the next...