During NAFCU President/CEO Fred Becker’s 11-year tenure he has seen the best of times and the worst of times for credit unions. Credit Union Times Editor-in-Chief Sarah Snell Cooke sat down with him in NAFCU’s Arlington, Va. headquarters on the occasion of his anniversary to discuss key topics from the...
The boards of federal credit unions can delegate hiring, firing and compensation functions to the executive committee and, within limitations, to the CEO, according to NCUA General Counsel Robert Fenner.
So the NCUA or Federal Reserve has issued a proposed rule that you detest. What to do? Hold your fire and be rational.
Fannie Mae and Freddie Mac should eventually be abolished and the government should cut back its role in the housing market while financial institutions should hold more capital.
ALEXANDRIA, Va. -- Large credit unions would have to file an annual report on incentive-based compensation programs and couldn't have any such programs that encourage exposure to inappropriate risks
Regulatory overreach, an unnecessary limit on credit unions' choices and possibly illegal. Those are among the critiques of the NCUA's proposed rule on corporate credit unions.
NAFCU has promoted four of its key executives to vice president, the association announced today.
President Obama announced that he is ordering all federal departments and independent agencies to review all existing regulations to ensure they don't stifle economic growth.
Saying that the proposed changes to the rules on corporate credit unions are "significant and deserve thorough consideration by the credit union system,'' CUNA President/CEO Bill Cheney is asking the NCUA to extend the comment period by 60 days.
ALEXANDRIA, Va. -- The NCUA has given all corporates new examiners, made more use of outside experts and begun to hire payment system specialists.