Each of the four there now have assets exceeding that of the Share Insurance Fund, NCUA Chair Matz notes.
BECU Trust Co., a subsidiary of the $11.5 billion Boeing Employees Credit Union in Tukwila, Wash., has merged into the MEMBERS Trust Co. in Tampa, Fla.
Merger was completed July 1 and announced this week.
NASHVILLE, Tenn. — NCUA resources are being disproportionately applied to small credit unions and skimping on large credit union supervision, NCUA Chairman Debbie Matz told NAFCU’s annual conference attendees during her general session address July 24
NASHVILLE, Tenn. — Effective Jan. 1, NCUA’s Office of Corporate Credit Unions will reorganize into a new Office of National Examinations and Supervision.
Proactive work with authorities helps land Moscow resident in U.S. hands on hacking charges.
Like many of its peers, iQ Credit Union had grown overwhelmed in keeping up with the rapid pace and myriad regulatory changes.
Largest CUs take place among largest ACH recipients.
Northwest CU Collaboration is scheduled to be operational in the third quarter of 2012.
The Consumer Financial Protection Bureau may have a fourth credit union to directly examine next year.