Matz apologizes for comments that many misconstrued as a lack of faith in credit union leadership.
The NCUA to explore five new areas of regulatory relief to help credit unions compete in the rapidly evolving marketplace.
Student loans establish long-term relationships with young consumers.
The best way to honor the Federal Credit Union Act is to ensure that credit unions thrive well into the future, says NCUA Chairman Debbie Matz.
In less than two weeks, we’ll ring out 2013, a year we’ll long remember as the one where the credit union industry turned a corner and found a smoother path.
Pundits and philosophers have noted that throughout history there is nothing permanent except change. Sometimes we create the change; other times, we respond to it. But we should never ignore it.
This year was a transformative year for credit unions. It was a year in which credit unions made the transition from the losses of recession to the stability and growth of recovery. During the year, the industry topped $1 trillion in assets and grew strongly to approach 94 million members.
I disagree strongly with the premise behind the article, “Does NCUA Disdain the Dual System?” (Aug. 8 issue, page 1). It’s important to set the record straight.
The suggestion in the Editor’s Column [July 25, page 4] that a Republican administration could mean a 180-degree turn in credit union regulation is unfortunately partisan.
Over the last 20 years, the pressure of competition has increased significantly for credit unions. Many non-depository institutions have entered the lending and transaction account spaces historically reserved for financial institutions. The fast pace of innovation in technology and financial products and services have brought new consumer expectations along...