The NCUA board approves revised rules that allow credit unions added leeway when defining the areas they serve.
NAFCU's leader previews the NCUA's new field of membership rules, which are expected soon.
The NCUA announces it will consider Field of Membership Rules at the next board meeting.
WASHINGTON - NCUA Chairman Rick Metsger says field of membership changes are coming soon.
TEMECULA, Calif. - CEOs from three Southern California credit unions address culture, the future, small credit unions and taxation.
Narrow FOMs and membership expansion could create disparate impact red flags and attract unwanted examiner attention.
Americans, especially young ones, no longer bond according to where they live, work or worship.
In a CU Times interview, the new NCUA chairman also promises final FOM regs within a few months.
Misleading promotions that poach other credit unions and abuse associational membership don't benefit the community.
Shift the focus of deliberations on the FOM proposal to what the FCUA actually says, not what bank groups want it to mean.