WASHINGTON—The president of the American Bankers Association is continuing his assault on NCUA and credit unions, this time in an op-ed in The Hill Thursday in which urged Congress to take action against “a runaway regulator.”
Fresh Today
ARLINGTON, Va.–Following NCUA Chairman Debbie Matz’s testimony on Capitol Hill, NAFCU reiterated its call for more CU input into agency budgeting decisions and also called for support for several bills currently in Congress.
MADISON, Wis.— CUES has opened voting for its Next Top Credit Union Exec. Twenty young, emerging leaders from within the credit union industry created video applications to compete for 2015 CUES Next Top Credit Union Exec, powered by Currency and in partnership with DDJ Myers.
ALEXANDRIA, Va.–While overshadowed by discussion of the NCUA budget, during the NCUA board meeting an update on the National Credit Union Share Insurance Fund was also provided.
BALTIMORE–John M. Hamilton has been named as the new president and CEO of MECU of Baltimore.
RICHARDSON, Texas–Institution Solutions and Alloy Insurance Partners have named John Chipps as their new CEO.
WASHINGTON—The Consumer Financial Protection Bureau filed a complaint and proposed consent order in federal court against Student Financial Aid Services, Inc. for illegal sales and billing practices.
CUPERTINO, Calif.—Apple has added 35 more FIs to the list of those now live with the new payments solution, and this time more banks are coming on board.
WASHINGTON—Testifying before the House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit today, NCUA Chairman Debbie Matz said the agency “leads” financial institution regulators in budget transparency.
ALEXANDRIA, Va.–Here is how NAFCU and CUNA are responding to the several items voted on at the July 23 NCUA board meeting, at which fixed asset rule, agency budget and performance of the Temporary Corporate Credit Union Stabilization Fund were all discussed.