WASHINGTON (8/3/15 UPDATED 11: a.m. ET)--The National Credit Union Administration should review its requirement that all federal credit unions use a single set of bylaws, regardless of size and complexity, CUNA believes.
Charges of elder theft, forgery and grand larceny have led the National Credit Union Administration to prohibit four individuals from participating in the affairs of any federally insured financial institution.
Credit unions must weigh in by Aug. 3--Monday--if they want the National Credit Union Administration to consider their views concerning the list of regulations the agency is currently reviewing for updates.
WASHINGTON (7/29/15 UPDATED 2:18 p.m. ET)--The Federal Open Market Committee is maintaining the federal funds rate, citing “moderate” expansion of U.S. economic activity in its post-meeting statement this afternoon.
WASHINGTON (7/29/15 UPDATED 1:30 p.m. ET)--In another state legislative victory that CUNA and the Illinois Credit Union League say underscores the value of the CUNA-league structure in advocating for credit unions, Illinois Gov. Bruce Rauner signed HB 2477 into law Tuesday.