adminCUNA staff attended a roundtable discussion hosted by the Small Business Administration’s Office of Advocacy to discuss needed changes to Consumer Financial Protection Bureau (CFPB) rules. During the meeting, CUNA provided several credit union...
Today, the Senate Banking Committee will discuss housing finance reform, a topic of tension between Republicans and Democrats. Fannie Mae and Freddie Mac have been in conservatorship for years, and one bill backed by Sens. Bob Corker, R-Tenn., and...
Yesterday, President Donald J. Trump designated Acting National Credit Union Administration Board Chairman J. Mark McWatters as the 10th Chairman of the NCUA Board, effective June 23. “As Chairman of the NCUA, I remain committed to providing...
Yesterday, Gov. Rick Scott signed HB 1347 exempting credit unions from regulation and lawsuits under the Florida Deceptive and Unfair Trades Practices Act (FDUTPA). Banks and savings and loans associations were already exempted from FDUTPA and the...
Florida Gov. Rick Scott today announced the appointment of Republican Jimmy Patronis to replace Jeff Atwater as chief financial officer in the wake of Atwater’s resignation before his term ends. Atwater, who has been CFO since 2010, will become a...
The LSCU has learned that sources close to the NCUA speculate that today, the NCUA will issue for comment a new formula for the Overhead Transfer Rate. Chairman Mark McWatters has wanted more transparency on this and asked for input on possible...