Total assets officially topped $1 trillion and net worth reached a new high of $100.3 billion, according to Call Report data released Friday.
Over the last 20 years, the pressure of competition has increased significantly for credit unions. Many non-depository institutions have entered the lending and transaction account spaces historically reserved for financial institutions. The fast pace of innovation in technology and financial products and services have brought new consumer expectations along...
NCUA, credit unions share common interests and can work together to support the industry, NCUA Board Chairman Debbie Matz tell annual meeting.
NCUA Board Chairman Debbie Matz doubts a conversion of the $1.8 billion HarborOne Credit Union to a bank would benefit most members.
NCUA Board Chairman Debbie Matz today opened registration for her second Listening Session.
WASHINGTON — As a former vice president in charge of operations and compliance for a credit union, NCUA Chairman Debbie Matz said she knows what it feels like to be regulated.
Credit unions could accept supplemental capital that wouldn’t be insured by NCUSIF and would be subordinated to other claims, according to provisions of a bill introduced by Rep. Peter King (R-N.Y.) and Rep. Brad Sherman (D-Calif.).
Except for Newt Gingrich’s two mischaracterizations, credit unions haven’t come up as an issue in this election campaign so far.
Chairman Debbie Matz says there "are no essential board action items to publicly consider at this time."
Approximately 45% of federally insured credit unions would have to develop interest rate risk management policies that include extensive use of risk measurement systems and internal controls, according to a rule approved by the NCUA Board at its Jan. 26 meeting.