The conservatorship follows a December 2014 cease and desist order from the agency.
WASHINGTON—NCUA board debates new corporate standards, association FOM rules.
Regions Bank fails to opt in customers for courtesy pay program, charges $49M in illegal fees.
Sarah Moore tried to strengthen the regulator's authority last year.
Assets go up, but income shows a loss and equity keeps sliding.
Bill would kill the present regulation and mandate how another would need to be developed.
The $613 million credit union argues the ACUA's cease and desist order should be voided.
ACUA also orders Alabama One to discontinue business lending, fix SARs and remove conflicts of interest.
CEO says visit was routine. Member reports regulators refused to sign in at front desk.
Credit unions question whether it's time for more association membership options.