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CFPB Director Richard Cordray tells Money 20/20 audience about his agency’s programs to encourage product innovation, within limits.
The NCUA could accomplish so much more by being open about how it plans to manage and distribute billions of dollars from the corporate credit union collapse and bailout.
The latest news should be good for credit unions invested in the failed corporates, but lack of regulator clarity makes it hard to know what's really going on.
Reactions vary as the credit union industry prepares for its primary regulator to add ‘S’ to CAMEL.
The regulator’s move may be first step of more relief to come.
Federal regulator grows its own budget instead of using credit union’s cooperative insurance fund as a collective resource to rehabilitate or resolve credit unions in difficulty.
The need for monitoring grows as does the bank account as another $161 million is added ahead of the fund’s 2021 shutdown date.
Day two at ACUC sees focus on polling, projects, the regulatory burden, and how to compete.
New regs would provide a safe harbor under NCUA rule, but some say the effects could re-define small-dollar lending and sharply reduce availability.
NAFCU conference attendees hear of hope for change in Washington, how size and gender matters in executive pay, and that risk management includes reputations.
The benefits are endless!