Appeals court upholds most of credit union membership rule


A panel of federal appeals court judges reversed a district court’s decision on the NCUA’s controversial field-of-membership rule, but saw merit in bankers’ claims of potential redlining.


New NCUA chief puts diversity, cybersecurity atop priority list


Tussles over risk-based capital have preoccupied the agency of late, but Rodney Hood says he also wants to foster growth of minority-owned institutions and make sure credit unions are taking the hacker threat seriously.


Banks, appraisers assail NCUA rule as 'bad public policy'


The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.


Regulators exempt community banks from Volcker rule


Bank regulators finalized a proposal to exclude small institutions from the proprietary trading ban, as required by last year’s reg relief bill.


It’s time to reconsider job applicants with criminal records


Credit unions and the rest of the financial services sector, in the spirit of recent criminal justice reform, should be more open to hiring workers with low-level criminal convictions.


Credit unions get reprieve (again) on capital rule. Bankers jeer


The NCUA proposed Thursday to put off until 2022 implementation of a rule that would require larger credit unions to hold more risk-based capital.


Credit union courts nonmember deposits (and trouble with banks)


Freedom Northwest in Idaho hopes a proposal from the NCUA will help it bring in more deposits to fund a fast-growing mortgage business. Banks are crying foul.


Credit union shopping spree funded by taxpayers


As credit unions buy up community banks, policymakers should take another look at ending the industry’s tax exemption and regulatory breaks.


'One less Cordray disciple in the Swamp': Comments of the week


Readers weigh in on the role of the Financial Accounting Standards Board, consider personnel changes at the Consumer Financial Protection Bureau, debate the viability of public banks and more.


NCUA appraisal plan is far from risky


The credit union regulator’s proposal to raise the appraisal threshold for nonresidential real estate loans won’t harm the economy or consumers, contrary to critics’ claims.