Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Hyland NCUA coordination with state rulemakers must continue
ALEXANDRIA, Va. (8/24/09)--National Credit Union Administration (NCUA) board member Gigi Hyland late last week said that the “strong, collaborative working relationship” between state credit union supervisors and the NCUA “must continue” as regulators and credit unions “work through these difficult economic circumstances.” Speaking before the National Association of State Credit Union Supervisors (NASCUS) State System Summit, Hyland also encouraged credit union representatives to closely review and comment on upcoming changes to the rules that govern corporate credit unions, which are widely expected to be released this fall. Hyland, according to an NCUA release, also said that she is planning to present a white paper that would lay out the qualities that supplemental capital sources must have in order to “align with the credit union cooperative financial business model.” Hyland is planning to present the paper to the NCUA Board for consideration, according to the release. Hyland also discussed the recent changes to the Central Liquidity Facility and legislation aimed at addressing the member business lending cap. (See related story: NCUA's Hyland Suggests Phase in of MBL Authority, Aug. 21.)


RSS





print
News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
1 day ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
1 day ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
1 day ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
1 day ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
1 day ago