Given the volatile nature of the recent economic crisis, it was inevitable that pressure would build on regulators to respond to the crisis with additional regulations. Certainly some of these new regulations were promulgated in response to poor practices that exposed gaps in regulation. If credit unions are feeling overwhelmed...
CAMELs aren’t usually a source of controversy in a place known for basketball and tobacco. At issue is the NCUA’s fight with state regulators over the release of the CAMEL rating of State Employees Credit Union.
Management switch at two large West Coast credit unions drew tributes and messages of support from NASCUS.
Letter asks NCUA to rely on state examiners if unable to go on examination at the same time.
Utah regulator Orla Beth Peck new chairman, Community First CU President/CEO Cathie Tierney heads advisory council.
For many years, NASCUS was one of few voices supporting supplemental capital. Today, we've been joined by many in the credit union system who are eager for other means of raising capital in addition to retained earnings.
Agency tells trade groups no move needed because such conversions are "relatively rare" and that converting CUs will pay this year's assessment to corporate rescue fund.
NCUA Chairman Debbie Matz and several other top federal and state regulators are scheduled to speak at NASCUS’ State System Summit next month.
If more credit unions leave the NCUSIF, can the NCUA take steps to minimize the impact on those that remain?
CUNA, NAFCU and NASCUS rewarded their leaders’ stewardship through challenging times last year.