Momentous board meeting marks end to corporate assessments, but adds hideouts and budget dodges.
ALEXANDRIA, Va. — There will not be a corporate assessment in 2014, the NCUA Board said Thursday.
Trades say rollback of corporate bailout assessments should follow.
ALEXANDRIA, Va.— New board member stresses that repaying debt to Treasury is good for the industry.
Agency hails Tuesday ruling upholding its overtime rights to file actions over corporate collapses.
Citing the timing of cash flows, NCUA Director of Examination and Insurance Larry Fazio answered critics who have questioned the need for future corporate assessments in comments released to the press Aug. 14.
NCUA Board Member Michael Fryzel's term has expired but he serves on. The corporate credit union crisis is part three of this three-part video interview.
Letter to Credit Unions says agency will charge 2014 assessment and notes details about 2013 tab.
Managers shuffled, staff reduced, balance sheet revamped and new fee structure coming for Alabama-based corporate.
Amy Rapp said her group now has 16 workshops and plans to add more presenters and more curriculum.