The Consumer Financial Protection Bureau may have a fourthcredit union to directly examine next year.
|Boeing Employees Credit Union had $9.9 billion in assets at theend of 2011, according to its Financial Performance Report, up from$9.6 billion at the end of December.
|The Tukwila, Wash., institution is a state-chartered andfederally insured credit union.
|Once a credit union has assets of more than $10 billion forfour consecutive quarters the CFPB has direct supervisoryauthority over it.
|Currently, the bureau has that authority over the $44.4 billionNavy Federal of Vienna, Va., the $23 billion State Employees' CU ofRaleigh, N.C., and the $15.1 billion Pentagon FCU of Alexandria,Va.
|All credit unions are subject to the rules issued by the CFPBbut the enforcement is done by the NCUA and state regulators forthose with assets of $10 billion or less.
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