Change is inevitable at the NCUA following the announcements by Board Member Gigi Hyland and Executive Director David Marquis that they’re leaving the agency.
Executive will likely be promoted from within the NCUA.
Hyland, a Democratic appointee by President George W. Bush in 2005, has been serving on an expired appointment since August 2011.
ALEXANDRIA, Va. – Federally insured credit unions have two new proposed rules to consider, new corporate assessment after the NCUA Board met Tuesday.
NCUA Board Member Michael Fryzel addressed audience of about 600 at Michigan Credit Union League conference on Friday.
The NCUA Board has moved its July closed board meeting up a day, to Monday, July 23.
NCUA Board member Michael Fryzel defended NCUA examiners in a June 11 letter to the editor after an online editorial accused the regulator of “trying to destroy small credit unions.”
Board member says agency not "trying to kill small credit unions." Utah league exec recounts typical exchange: "You'll make it. But others won't."
Board member calls Utah league vice president's editorial about the agency and its examiners "unfounded, off base and just not correct."
Over the last 20 years, the pressure of competition has increased significantly for credit unions. Many non-depository institutions have entered the lending and transaction account spaces historically reserved for financial institutions. The fast pace of innovation in technology and financial products and services have brought new consumer expectations along...