WASHINGTON–NCUA Chairman Debbie Matz has sent a letter to the House Financial Services Committee regarding HR 2769, the Risk-Based Capital Study Act of 2015 that is better known as the “Stop & Study” bill and which is to be the subject of committee mark-up today.
MADISON, Wis.—CEOs at credit unions above $100 million in assets received an average annual salary increase of 4.5% in 2015, according to a new report from CUNA.
NEW YORK—The former CEO of Montauk CU, which was conserved by the New York State Department of Financial Services Sept. 18, filed a lawsuit Tuesday accusing the regulator of preventing him from consulting his own lawyer after they took over his business.
NEW YORK—A new banking platform is expected to help community development credit unions expand their products and reach.
FRANKLIN, Tenn.–Southeast Financial Credit Union here has filed suit against The College Network, claiming its owners are illegally attempting to shield remaining assets from creditors.
WASHINGTON—Kevin McCarthy, who has now officially announced he will run for Speaker of the House, continues to draw praise from credit unions regarding his support for the movement.
WASHINGTON—CUNA has sent a letter to the House Ways and Means Committee for the record of their hearing today on the Department of Labor’s Fiduciary Rule.
WASHINGTON—Seven trade organizations have issued a statement in support of the Financial Product Safety Commission Act of 2015 (H.R. 1266), which is scheduled for mark-up by the House Financial Services Committee today.
ONTARIO, Calif.–CU Direct will host an Auto Lending Trends webinar on Oct. 8 at 11:00 AM PDT / 2:00 p.m. EDT.
ORLANDO, Fla.–Technology execs were given a top 10 list of things that are making life even easier for hackers in penetrating credit union systems.
