Largest consolidation announcement comes from Visterra Credit Union and Altura Credit Union in California.
ALEXANDRIA, Va. – Proposal raises definition of a small credit union to assets less than $100 million.
WASHINGTON — NCUA's Fazio tells Senate Banking Committee 77% of credit unions could gain regulatory relief.
Proposal requiring member FIs to maintain 10% of assets in residential mortgages is unpopular.
A total of $12,820 in civil money penalties will go to the U.S. Treasury.
The Alexandria, Va.-based credit union brings in $963M last year to boost assets to $17.8B.
Compared to other $10B+ cooperatives, the Vienna, Va.-based credit union tops the list for fee income.
Rule would require 10% of credit union assets in residential mortgages to stay in Federal Home Loan Bank system.
The $29B State Employees’ CU says it’s ready for NCUA’s stress testing procedure.
Quarterly NCUA report says membership growth at larger credit unions held steady while small CU membership declined.