Mountain West News
TCCUSF Assessment Is "No Surprise" |

CUNA President/CEO Bill Cheney said that the National Credit Union Administration's 25 basis point Temporary Corporate Credit Union Stabilization Fund assessment "came as no surprise" to credit unions, but nonetheless harms their bottom lines. Read More

NCUA Votes To Assess 25bp For Corporate Fund |

Credit unions will be assessed 25 basis points (bp) of their total insured shares to help cover corporate credit union stabilization costs, the National Credit Union Administration voted today. The agency expects it to bring $1.96 billion into the fund. Read More

CUNA Discusses Credit Union Reg Burden With CFPB |

While Washington has remained quiet for most of August, CUNA has continued its work on the regulatory front, meeting this week to discuss the credit union regulatory burden, and other top credit union issues, with Consumer Financial Protection Bureau (CFPB) representatives. Read More

NCUA Helps CUs To Hedge Interest-Rate Risk (IRR) With Financial Derivatives |

CUNA commended the National Credit Union Administration for its plan to allow credit unions to hedge their interest-rate risk with financial derivatives saying credit unions need many tools to facilitate their operations as possible, provided they are consistent with vigilant risk management on the credit union's part and reasonable supervision from regulators. Read More

CUNA Seeks Top List of Credit Union Regulatory Burdens |

As CUNA works to compile a comprehensive list of credit unions' regulatory burdens to send to federal regulators and continue to seek their aid to provide relief, CUNA is asking credit unions to send their views on what rules unnecessarily encumber operations. Read More

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