ALEXANDRIA, Va.–Building on its push to pare back regulatory burden, NCUA on Tuesday unveiled a second wave of proposed rule changes under its Deregulation Project—continuing an agency-wide review aimed at identifying and scrapping outdated, duplicative, or unnecessarily complex requirements facing credit unions.
Fresh Today
PLANO, Texas--Based on the gifts in the holiday classic, "The Twelve Days of Christmas," true love will need significantly more money on-hand to fill stockings this holiday shopping season.
WASHINGTON--America’s Credit Unions voiced support for NCUA’s proposed rule to formally eliminate “reputation risk” from its supervisory and examination program, noting the concept is ambiguous and lacks any measurable criteria and therefore is inappropriate to use as a risk factor.
WASHINGTON— Sens. Elissa Slotkin (D-MI) and Jerry Moran (R-KS) have introduced bipartisan legislation aimed at strengthening the federal government’s response to cryptocurrency-related scams, according to Analytics Insight.
WASHINGTON—As Congress moves toward legislation to establish a regulatory framework for digital-asset markets, the Independent Community Bankers of America has released new data warning that allowing crypto exchanges, affiliates, and other intermediaries to pay interest, yield, or rewards on payment stablecoin holdings could harm local economies.
NEW YORK—A man who posed as the chief compliance officer of a purported Manhattan financial institution has admitted his role in a years-long fraud scheme that bilked victims out of more than $4 million by promising financing that never existed, according to Bloomberg and a release from the U.S. Attorney’s Office.
CHICAGO— TransUnion has unveiled major enhancements to its Device Risk solution, adding new capabilities designed to help financial institutions and other businesses more precisely identify risky devices, detect fraud patterns earlier, and adjust fraud-prevention strategies in real time, the company said.
WICHITA, Kans.--Millennium Corporate Credit Union has named Haley DaVee president and CEO.
WASHINGTON—If Congress fails to enact legislation updating the Central Liquidity Facility (CLF), credit unions—particularly small and mid-sized institutions—could face heightened risk during future economic shocks, according to the Defense Credit Union Council.
WASHINGTON—As Congress adjourns until Jan. 5, America’s Credit Unions and the Defense Credit Union Council are closing out the year with a mix of frustration and confidence, pointing to unfinished legislative business, intensifying advocacy efforts, and growing momentum heading into 2026.