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WASHINGTON—An NCUA proposal to raise the threshold at which credit unions must obtain appraisals for commercial real estate (CRE) transactions from $250,000 to $1 million would create an unlevel playing field between banks and credit unions, the American Bankers Association (ABA) said in a comment letter to the NCUA this week.

FORT LAUDERDALE, Fla.–Credit union CFOs here were given an update on where NCUA stands with new exam solutions and timing, including a plan under which state chartered CUs would be examined every other year by their state regulator only.

MADISON, Wis.—CUNA Mutual Group has announced the acquisition of Compliance Systems, Inc., a privately held technology company specializing in compliance technology for financial services. CUNA Mutual said the acquisition will expand its lending technology capabilities.