ALEXANDRIA, Va.-- Board members of federal credit unions will only get limited exemption from being sued for some of
Ask senior executives and board members what their greatest challenges are and the responses continue to range from recruitment to board education, and that doesn't seem to be changing anytime soon.
ALEXANDRIA, Va.--Board members of FCUs will only get limited exemption from being sued for some of their actions and will have to gain proficiency reading balance sheets if they don't already have it, according to regulations approved by the NCUA today.
In response to economic disruptions, the federal government is asserting higher standards of governance for all financial services institutions,
Though there aren't any conversion applications pending, past problems during certain merger past efforts triggered the draft rules that the NCUA issued on the subject last month.
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ALEXANDRIA, Va. -- The NCUA Board issued three proposed regulations concerning board member indemnity and mutual savings bank conversions.