NCUA Says It’s Committed to Regulatory Relief
That’s what NCUA Director of Examination and Insurance Larry Fazio said yesterday at a hearing before the House Financial Institutions and Consumer Credit Subcommittee. Fazio referenced a recent proposed rule to increase the asset limit for a “small” credit union from $50 million to $100 million and a final rule scheduled for review at the next board meeting that would simplify the process by which federal credit unions add groups to their fields of membership. [4/23/15]