One of the National Credit Union Foundation's more unusual grants this year went to the 28,000-member $201 million asset Carter Federal Credit Union, headquartered in Springhill, La. The foundation provided $25,000 for the credit union to produce financial education trailers that will run before movies at a film camp popular...
The NCUA will likely have much to consider as it reads through more than 280 comment letters that came in on the agency’s proposal to amend the CUSO rule.
After receiving more than 280 comment letters on its proposed CUSO rule amendments, the NCUA is considering its next steps.
PSCU CEO compares struggle with banks to "Davd in the Goliath battle."
A credit union investment CUSO is positioning its investment options for increased business as it anticipates an early redemption by Western Bridge of more than $4 billion in CDs by Oct. 3.
The problem with the NCUA’s CUSO proposal is that the focus is on supervisory oversight of CUSOs rather than their relationships with credit unions.
CUSO makes bid for some of the funds it says will be made available as Western Bridge redeems $4 billion in CDs.
While some in the industry would be opposed to a mandate that would require CUSOs to provide financial records to the NCUA and state regulators, a small minority are seeking another form of transparency.
With much more at stake, it is no surprise that credit union service organizations are sounding the alarm louder than credit unions regarding an NCUA proposal that would alter how CUSO relationships are regulated.
Syracuse CU joins client list of 200-plus for 3-year-old D.C.-based student lending CUSO.