The NCUA alleged in a lawsuit that Maria Hernandez, the former CEO of the failed El Paso Federal Credit Union, stole millions to buy homes in Texas, Florida and Nevada, to pay for lavish trips and for gambling.
ALEXANDRIA, Va. — The NCUA Board approved a 4.2% budget increase for the fiscal year 2015 in a monthly meeting that was filled with tension, thanks to debate between Chairman Debbie Matz and Board Member J. Mark McWatters.
This year has been an exciting and pivotal year for CUSOs as they continue to be an incredibly important part of the credit union industry.
As November comes to an end, a dozen merger deals were announced or completed in Georgia, Hawaii, Illinois, Iowa, Massachusetts, Nebraska, North Carolina, Ohio, Oregon, Pennsylvania, Virginia and Washington.
Stabilization Fund and other obligations must be paid before regulator can pay credit unions.
Ohio bookkeeper receives 21-month sentence for embezzling $1M from failed credit union.
Former NCUA Board Member Geoff Bacino says stakeholders had a chance to voice their opinions.
ALEXANDRIA, Va. — NCUA Board member says transparency would not compromise proposal’s hearings.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
Read the full statement NCUA Vice Chairman Rick Metsger made during the November board meeting.