Questions that credit unions have regarding the National Credit Union Administration’s April 2014 supervisory guidance on taxi medallion lending are answered in a new document sent to federally insured credit unions by the agency.
Up to $2 million in grants will be available to low-income credit unions in the second round of the National Credit Union Administration Community Development Revolving Loan Fund, the agency announced Monday.
The National Credit Union Administration Budget Transparency Act (H.R. 2287) would increase transparency and accountability at the agency, thereby supporting its mission, CUNA told the bill’s sponsors Wednesday.
The U.S. Department of Labor’s proposed overtime rule would affect a substantial portion of credit union employees, particularly at smaller credit unions and those in rural or underserved areas, CUNA told the department Tuesday.