Arbitration Rule Could Raise the Cost of Credit by 25 Percent "Credit News 24"

A study by the Office of the Comptroller of the Currency (OCC) found that the Consumer Financial Protection Bureau’s arbitration rule is lik...

Fox Communities CU Receives Waivers for Financing Exposition Center "Credit News 24"

The Wisconsin Office of Credit Unions on August 17, 2018 granted a waiver to Fox Communities Credit Union (Appleton, WI) with regard to cons...

CU Business Lending Posted Robust Growth in the Second Quarter "Credit News 24"

The National Credit Union Administration (NCUA) is reporting strong business lending growth at federally insured credit unions during the se...

NCUSIF Equity Ratio of 1.30 Percent Is Not Normal "Credit News 24"

The National Credit Union Administration (NCUA) Board is proposing to increase the normal operating level of the National Credit Union Share...

OMB Stays EEOC Revised Data Collection Requirement "Credit News 24"

The Office of Management and Budget (OMB) on August 29 stayed an Equal Employment Opportunity Commission (EEOC) rule that would have require...

NCUA Proposes Controversial Voluntary Merger Regulation "Credit News 24"

The National Credit Union Administration (NCUA) is in the process of amending its regulations that govern a voluntary merger of a federal cr...

Financial Trades Urge DOD to Clarify MLA Rules, Extend Credit Card Compliance Date "Credit News 24"

Seven financial trade groups wrote to the Department of Defense (DOD) on June 21 urging the department to take additional steps to clarify i...

McWatters: Closing the Stabilization Fund and Reg Relief Are Top Priorities "Credit News 24"

Credit unions can expect more regulatory relief and streamlined operations from the National Credit Union Administration (NCUA) in the futur...