House Members Call For Regs To Be Tailored to Risk Profile 03/30/2016 08:19 pm WASHINGTON—A bipartisan group of 133 House members have sent a letter to federal financial regulators calling for more regulations to be tailored to fit an institution’s risk profile.
GAO Urges Congress To Address Reg Structure Overlap 03/30/2016 08:20 pm WASHINGTON—A Government Accountability Office report suggests that Congress should consider changes in regulatory structure to address overlap, for example, through consolidation of federal agencies that oversee depository institutions’ safety and soundness.
Mortgage Lenders Continue To Ease Credit Standards 03/30/2016 08:21 pm WASHINGTON–Fannie Mae’s first quarter 2016 Mortgage Lender Sentiment Survey, conducted in February, shows that the share of mortgage lenders reporting easing credit standards over the prior three months fell for the second straight quarter.
Ventura County CU Named Distinguished Business Leader of the Year 03/31/2016 03:47 pm VENTURA, Calif.— Ventura County Credit Union (VCCU) has been named as the Distinguished Business Leader of the Year by the Ventura County Leadership Academy.
New article 03/31/2016 03:48 pm SCOTTS VALLEY, Calif.–Two credit unions have selected Intuvo, a provider of marketing automation software and a division of CU Direct.
Montauk CU Merged Into Bethpage 03/31/2016 08:28 pm NEW YORK—Montauk Credit Union, the troubled taxi medallion CU that was conserved by the state regulator in September, has merged into Bethpage FCU, NCUA announced Thursday.
Why Breaking Up The Big Banks Is Not The Answer 04/18/2016 08:09 pm The rallying cry of “Break up the big banks!” has been heard in presidential campaigns, the halls of Congress, and in some Federal Reserve Bank leadership offices.
NAFCU Services Corp. Adds Velocity Solutions As Preferred Partner 04/11/2016 07:59 pm ARLINGTON, Va.–NAFCU Services Corp. has added Velocity Solutions’ Overdraft Management Solutions to its Preferred Partner Profile.
Summit CU Opens High School Locations 04/11/2016 07:58 pm MADISON, Wis. –– Summit Credit Union has expanded into both the Madison and Milwaukee areas by opening locations in Madison’s East High School and the Milwaukee suburbs of Franklin and Muskego.
Watch For Orange Cones Down The Road 04/11/2016 09:45 pm DALLAS—After experiencing record sales in 2015, there are growing signs coming from the auto sector that could possibly raise red flags for 2016 and 2017, one analyst is forecasting.
