NCUA's Harper: Large credit unions need more oversight


The National Credit Union Administration board member is requesting comment on a proposal to create new consumer compliance measures for "large, complex credit unions."


Credit union regulator moves to quiet redlining fears


The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas.


Sherrod Brown slams NCUA chairman's pro-Trump posts


A letter from the Ohio Democrat claims Rodney Hood, chairman of the National Credit Union Administration, is using social media to "inappropriately curry favor with the president, seriously compromising the independence of the agency."


ICBA plans major offensive in fight against credit unions


The group's Wake Up initiative will include legislative and regulatory proposals, along with added resources to help members push for a level playing field.


Regulators offer CECL guidance to aid industry's adoption


The four prudential agencies, which will enforce the new credit loss methodology developed by the Financial Accounting Standards Board, said they want to promote consistency.


ABA to seek a review of appeals court's FOM decision


The banking trade group is asking for an en banc rehearing of its field-of-membership challenge before all 17 judges of the D.C. Court of Appeals.


NCUA Chairman Rodney Hood praises Trump in new White House video


Hood's comments mark an unusual turn for an industry famous for its bipartisanship.


Will NCUA’s bank-purchase reg meet bankers' demand for 'guardrails'?


The regulator has pledged to put forth a rule on credit union-bank purchases before the end of the year. It's likely to lead to another clash with bankers.


Small-dollar loan formula eludes banks, credit unions


Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.


Legal win has credit unions on defense again over redlining charges


Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate.