Links in “Agencies”
- Help for the Little Guys
The NCUA has proposed an amendment which would increase the asset threshold under the Regulatory Flexibility Act from $50 million to $100 million. If passed, this would provide greater regulatory relief for small credit unions. [3/6/15]
- Flood Hazard Determinations Determined
FEMA has released final flood hazard determinations for certain communities. [3/6/15]
- NACHA Webinar: 2015 Season of Change
The year 2015 is bringing some changes to ACH compliance. This webinar goes over the changes that were effective January 1st, as well as the changes that will be effective March 20th. [3/5/15]
- Trade Groups Lend Support to 5-Member CFPB Commission Legislation
Bank and credit union trade groups unite in a letter to support a measure that would establish a five-member commission to oversee the CFPB, rather than a single director. [3/5/15]
- Happy National Consumer Protection Week!
President Barack Obama gave a speech on February 27th, naming March 1st - March 7th "National Consumer Protection Week. How will you celebrate? [3/4/15]
- When Milk and Veggies Aren’t Enough: How to Grow Big and Strong
The NCUA will be hosting a webinar on March 25th focusing on expanding membership and serving underserved communities. Topics will include how to use data, business plans, and Internet applications to aid in membership expansion efforts. Don't forget to sign up! [3/4/15]
- OCC Releases February CRA Exam Results
Fifteen CRA examinations were conducted in February; find out which institutions underwent examination and how they fared. [3/4/15]
- Cordray: Speech! Speech!
CFPB Director Richard Cordray has kept busy, speaking to both the House Committee as well as the President's Advisory Council. What exactly has been occupying Cordray's thoughts and words? [3/4/15]
- Thomas Curry Speaks to the Institute of International Bankers
Comptroller of the Currency Thomas Curry stressed to members of the IIB the importance of all financial institutions understanding BSA/AML risk. Curry also emphasized the need to combat money laundering, stating that "money is like water for terrorists; they need it to survive." [3/3/15]
- Credit Union Loan Growth Flourishing
The yearly loan growth at federally insured credit unions reached its highest point since 2005, with growth of 10.4 percent since a year ago. In addition, the return on average assets and net worth ratio for credit unions also increased, while the number of long-term investments decreased during 2014. [3/3/15]
