NCUA Chairman Debbie Matz tells Congress the rule could have prevented 14 credit union failures.
The IBEW Local 816 FCU was ruled insolvent despite conflicting financial reports.
Catch up with three former corporate leaders: Thomas Bonds, Francois Henriquez and Brian Hague.
FBI agents confiscate 91 firearms from Linda Newcomb's home prior to her June 17 arrest.
Former Arrowhead employee Pete Aguilar advances to the U.S. Congress general election in November.
The Richmond, Va.-based credit union can't recover net worth after recession losses.
The $18M Detroit credit union can't recover from big adjustments to financial reports in Q42013.
Placed into conservatorship Jan. 24 with 9.49% net worth, the $13.4M Kansas credit union was liquidated Friday.
Financial reports show no sign of financial distress.
The Florida credit union, which voluntarily entered into conservatorship in 2009, has increased net worth to 4.07%.