Credit Union Association of the Dakotas President/CEO Jeff Olson detailed the negative impact regulatory burden has had on the states’ credit unions and their more than 470,000 members in op-eds appearing in North Dakota and South Dakota newspapers this week.
ALBUQUERQUE, N.M. (3/31/16)--After publishing an article about the increasing regulatory burden on credit unions, the Albuquerque Journal followed it up with an editorial that supported credit unions’ concerns.
ALBUQUERQUE, N.M. (3/29/16)--New Mexico residents learned about the effect the Dodd-Frank Act and its regulatory regime are having on the state’s credit unions in a Monday article in the Albuquerque Journal.
CHARLOTTESVILLE, Va. (3/2/16)--In an interview with S&P Global Market Intelligence, Alabama CU CEO Steve Swofford detailed the effects of increased regulation on the Tuscaloosa, Ala.-based credit union.
Six federal agencies published guidance last week designed to ensure all depository institutions are aware of expectations when it comes to deposit reconciliation. CUNA’s compliance explains what it means for credit unions in a recent CompBlog post.
CUNA is concerned with a report on consumer testing used by the CFPB to analyze periodic statement forms for consumers in bankruptcy, but concurs with some of its findings. The bureau issued a report in February on its study.