‘We don’t need to regulate CUSOs, we just need to understand how they work.’

We’ll urge Congress to exercise greater oversight on regulatory issues—to ensure accountability for agency actions.

Both regulated and regulator agree the right balance can be difficult to find.

Any new requirements that may emerge over the horizon will only add to the load CUs already must shoulder.

For most credit unions, asset/liability management (ALM) has been a “get in line” topic: Get in line behind security, marketing, loan origination and tracking, member relationships, and a host of other pressing matters.

Following the calamities on Wall Street, regulators worldwide are taking a closer look at governance.