NCUA Board Member Gigi Hyland has been appointed to board chair of NeighborWorks America, an affordable housing and community development organization.
NCUA Board Chairman Debbie Matz doubts a conversion of the $1.8 billion HarborOne Credit Union to a bank would benefit most members.
The NCUA announced Thursday it has canceled its April 12 open board meeting, the second time in four months so far this year.
WASHINGTON — As a former vice president in charge of operations and compliance for a credit union, NCUA Chairman Debbie Matz said she knows what it feels like to be regulated.
Carla Decker, the CEO of the 10,600-member District Government Employees Federal Credit Union, last week took herself out of consideration as a NCUA board nominee.
Fewer losses, portfolio growth and a decline in at-risk credit unions allows transfer of $278.6 million to Temporary Corporate Credit Union Stabilization Fund.
On Thursday, the NCUA Board will take up technical corrections to a number of different regulations.
Chairman Debbie Matz says there "are no essential board action items to publicly consider at this time."
Approximately 45% of federally insured credit unions would have to develop interest rate risk management policies that include extensive use of risk measurement systems and internal controls, according to a rule approved by the NCUA Board at its Jan. 26 meeting.
How much expertise should a federal credit union have on staff and should it be required to have a minimal CAMEL rating or net worth?