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.
Against a backdrop of a groundswell of support to expand business lending authority, one outcome is becoming an unfortunate black eye on those efforts.
Oregon’s St. Helens Community Federal Credit Union is now facing a recall of five of its directors to be heard after the Labor Day weekend.
Most folks never have a chance of even knowing the power of their talents and gifts.