Three largest credit unions eclipse size of share insurance fund, NCUA chairman stressed.
WASHINGTON — “Some risks are always there. Others arise with new realities," NCUA Board Chair Debbie Matz tells GAC session.
Alabama, Georgia, Kansas, Montana, Nebraska, Ohio, Texas and West Virginia would join Oklahoma, South Carolina and Michigan in challenge to CFPB, FSOC.
Regulators told the GAO the delay is due to the number, complexity and interconnectivity of new law's rules.
Executive will likely be promoted from within the NCUA.
Plaintiffs challenge creation of CFPB and FSOC, Cordray's appointment.
NCUA Board chair says low-income credit unions are growing stronger, lending more than other types of financial institutions.
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.