While it's true some weightings are not much different from Basel, the added focus on interest rate and concentration risk put the brakes on key areas of credit union growth.
Reaching out into the community is one of the most effective ways to educate members on how to protect themselves.
If the credit union system learns anything from the tremendous grassroots and social media outreach being driven by the Don’t Tax My Credit Union campaign, it’s this — credit union members care about their membership.
Last week, the NCUA added to its list of targets by suing Goldman Sachs for $491 million for losses corporates endured due to mortgage-backed securities. This is the fourth suit filed by the NCUA against securities firms, seeking a total of $2 billion in damages.