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Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Get Book Here
Book Description
Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 164
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Both the banking and credit union industries remain interested in the regulatory relief provisions excluded from the law.1 In the 110th Congress, the current measure providing regulatory relief and reform for credit unions is the Credit Union Regulatory Improvements Act (H. [...] The stated intent of this legislation is to modernize the prompt corrective action system for credit unions, make adjustments to their loan authority, enhance the ability of credit unions to serve financially underserved areas, and ease credit union regulatory burdens. [...] Credit union advocates suggest that the legislation would ensure the financial strength of credit unions, enhance the services provided to credit union members, and address the growing costs of regulatory compliance. [...] The requirements are enforced by the National Credit Union Administration (the federal regulator for credit unions) and the reforms address recommendations of the federal regulator. [...] The objective of PCA is to minimize the probability of credit union insolvency through early intervention by the federal regulator.
Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781985309203
Category :
Languages : en
Pages : 198
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Credit union regulatory improvements : hearing before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services, U.S. House of Representatives, One Hundred Eighth Congress, second session, July 20, 2004.
Author: Richard J. Hillman
Publisher: DIANE Publishing
ISBN: 9780756740252
Category : Business & Economics
Languages : en
Pages : 192
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Book Description
Recent legislative and regulatory changes have blurred some distinctions between credit unions and other depository institutions such as banks. The 1998 Credit Union Membership Access Act (CUMAA) allowed for an expansion of membership and mandated safety and soundness controls similar to those of other depository institutions. In light of these changes and the evolution of the credit union industry, this report evaluated: (1) the financial condition of the industry and the deposit (share) insurance fund, (2) the impact of CUMAA on the industry, and (3) how the Nat. Credit Union Admin. (NCUA) had changed its safety and soundness processes. Also makes recommendations to the chairman of NCUA. Charts and tables.
Author: Pauline H. Smale
Publisher:
ISBN:
Category : Credit unions
Languages : en
Pages : 6
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Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Credit unions
Languages : en
Pages : 188
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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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On May 12, 2005, regulatory modernization legislation for credit unions was introduced as H.R. 2317. The three titles of the Credit Union Regulatory Improvements Act (CURIA) would provide regulatory changes requested by credit union industry advocates. These changes would provide supervisory flexibility to the National Credit Union Administration (NCUA), the federal regulator for the credit union industry, enhance the ability of credit unions to provide loans to their members, and ease credit union regulatory burdens. For the last several years, credit union representatives have asked Congress to increase their ability to serve their members by addressing the growing costs of regulatory compliance and by providing additional flexibility through regulatory reform measures. Omnibus legislation that would have reduced existing regulatory requirements on all depository financial institutions was considered in the last two Congresses and similar legislation is expected to be introduced in the 109th Congress. Credit union representatives advocate either incorporating the provisions of CURIA into broader legislation or the separate passage of H.R. 2317. This report provides background on the legislation and congressional interest in regulatory relief, and will be updated as developments warrant.
Author: Spencer Bachus
Publisher:
ISBN: 9781422305249
Category :
Languages : en
Pages : 192
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Book Description
Author: United States. National Credit Union Administration
Publisher:
ISBN:
Category : Credit unions
Languages : en
Pages : 52
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Book Description
