Northwest credit unions grew loans, membership, assets and return on assets according to new Q1 data released by the NCUA this morning. Idaho led the nation in many categories.
Your weekly update on the regulatory landscape includes updates on elder abuse as well as a synopsis of Richard Cordray’s plans for the CFPB’s future.
A federal judge in Harrisburg, Pa., dismissed a lawsuit that had alleged a credit union violated the Electronic Funds Transfer Act with improper ATM fee notification, ruling that a third party had removed the credit union’s posted notice illegally.
As of Jan. 31, 2012, most private sector employers will be required to post a notice advising employees of their rights under the National Labor Relations Act.
Credit unions, along with most other private-sector employers, must now publicly post notices of employee rights beginning on Nov. 14, 2011, under a new rule announced by the NLRB.
Your update on the regulatory landscape.
Unless it hears concerns about making the comments public on or before June 10, the NCUA will post all comments on its website. Comments on the prepayment program accepted until June 20.