Five years ago today, the NCUA seized three corporates and took its final steps to resolve the corporate crisis.
The NCUA schedules a last-minute closed board meeting.
The move aligns the Fed's same-day ACH service with NACHA's rules. Trades express concern about costs to credit unions.
Also, House Financial Services Committee member Rep. Juan Vargas (D-Calif.) pens a new letter to the NCUA opposing RBC2.
Complaints on installment loans increase while payday loan complaints decrease. Download the full report here.
Total loans increase from the originally proposed 500 to 2,000 per year.
Should the small credit union threshold be larger than $100M? Read what NCUA board members think.
The idea that credit unions should meet bankers halfway on Capitol Hill is ridiculous.
Two out of three IRR guidance possibilities require additional capital from credit unions.
Scott Eagerton, President/CEO of the $42M Dixies FCU, testifies before Congress on regulatory burden.