Find out which of the nation's five largest credit unions support making their results public.
The nation's five largest credit unions debate whether their stress test results should be made public.
It was George E.P. Box, the eminent statistician, who said, “Essentially, all models are wrong but some are useful.”
Federally insured credit unions could potentially receive a rebate on corporate assessments, according to a Feb. 12 release from the NCUA. However, the final tally won't come until 2021, the regulator cautioned.
JPMorgan Chase settlement eliminated future assessments, but NCUA won't reveal how much it paid in lawyer's fees.
Former U.S. Rep. Barney Frank and Sen. Christopher Dodd in first public appearance together since retiring.
Legacy asset performance and 2013 assessment reduces estimated outstanding corporate stabilization costs to less than $1.6 billion.
Letter to Credit Unions says agency will charge 2014 assessment and notes details about 2013 tab.
The NCUA reported March 28 that following a twice-annual review, the highest estimated amount credit unions have yet to pay in corporate assessments has declined by $900 million.
Agency says reduction in 2013 corporate assessment not in the offing but have passed the halfway point in overall payback.