News Topic: Rob Nichols

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. ... Read full article

A broad bill that amends the Controlled Substances Act to formally recognize state laws legalizing marijuana has the support of the financial services industry. ... Read full article

A legal memo conducted on behalf of the trade group says the agency’s policy goes beyond statutory intent and places undue restrictions on healthy banks. ... Read full article

The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players. ... Read full article

The American Bankers Association has called for an end to the government shutdown, saying it has prevented customers from securing loans and threatens even more damage. ... Read full article

Unlike previous spots produced by the group that just backed candidates, the latest ones reflect a somewhat different approach. ... Read full article

The banking industry group has so far endorsed six candidates in their re-election campaigns for the upcoming November elections. ... Read full article

The American Bankers Association will run advertisements in support of Reps. French Hill and Bruce Poliquin, who are incumbents this November. The group has now endorsed three Republicans and a Democrat. ... Read full article

The financial services industry and community reinvestment advocates both praised the Treasury Department’s recommendations for reforming Community Reinvestment Act enforcement. ... Read full article

Bankers are generally happy with the House Republican tax plan released last week, but one provision of the proposed overhaul is likely to give them pause: a cutback in the deduction for deposit insurance premiums. ... Read full article