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Regulatory Compliance

Missouri's Credit Unions Represented in Class-Action Litigation Against Home Depot

Apr
21

Missouri is one of 25 states already represented in a nationwide class-action lawsuit against The Home Depot, Inc. in connection with the retailer's 2014 data security breach.

A Missouri credit union has joined in the litigation as a named plaintiff. As a result, all Missouri financial institutions, including credit unions, are represented in the lawsuit.  

Posted By Amy McLard read more

New Risk-Based Capital (RBC2) Proposal Released

Jan
20

The Missouri Credit Union Association (MCUA) and Missouri credit union leaders, along with the rest of the credit union community, are reviewing the highly anticipated revised Risk-Based Capital (RBC2) proposal from the National Credit Union Administration (NCUA). The proposal was released on January 15, and credit union representatives will have the opportunity to weigh in on the changes during a comment period.

Posted By Nora Holloway read more

RBC Proposal Dominates NCUA’s Listening Session

Jul
15

The Missouri Credit Union Association was on hand to represent Missouri interests at the National Credit Union Administration’s (NCUA) Listening Session in Chicago on July 10. As predicted, the Risk-Based Capital (RBC) proposal was the main focus of the discussion for the 160 people in attendance. After initial remarks from the regulators, credit union attendees had the floor to address their concerns.

Posted By Nora Holloway read more

MCUA To Attend NCUA Listening Session This Week

Jul
08

To represent and address Missouri credit union concerns, especially regarding the National Credit Union Administration’s (NCUA) Risk-Based Capital (RBC) proposal, the Missouri Credit Union Association (MCUA) will participate in the NCUA Listening Session in Chicago on July 10.

Posted By Nora Holloway read more
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