David Small

• CUSO Reg Comment Letters Swamp NCUA

  By Michelle A. Samaad  |  October 30, 2011

  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.

• NCUA Mulling CUSO Rule Amendments

  By Michelle A. Samaad  |  October 26, 2011

  After receiving more than 280 comment letters on its proposed CUSO rule amendments, the NCUA is considering its next steps.

• NCUA Employees Get Increased Benefits, Pay Freeze

  By Claude R. Marx  |  October 25, 2011

  The NCUA’s 950 unionized NCUA employees will not get a pay raise next year but will get a more generous retirement package, the agency said Tuesday.

• New London Securities Suit Is Dismissed

  By Michelle A. Samaad  |  September 25, 2011

  Nearly a year and a half after several members sued the NCUA to recover $4 million involving the defunct New London Security Federal Credit Union, their case was recently dismissed by a federal court for missing a key deadline.

• NCUA Approves Alloya Charter

  By Robert McGarvey  |  September 23, 2011

  New corporate expects to begin operating on Oct. 24.

• Court Dismisses New London FCU Suit Against NCUA

  By Michelle A. Samaad  |  September 19, 2011

  Several members suing the NCUA to recover $4 million involving the defunct New London Security Federal Credit Union missed a deadline and saw their case dismissed in federal court.

• St. Paul Croatian Claim Denied by CUMIS

  By Michelle A. Samaad  |  September 7, 2011

  Nearly a year after the NCUA filed a proof of loss claim to recover alleged monetary damages connected to the collapse of St. Paul Croatian FCU, the CUMIS Insurance Society has denied it.

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  Corporate Failures: Estimates Brighten the Loss Outlook

  By David Morrison  |  September 7, 2011

  More of the costs left over from failed corporate credit unions will hit most existing credit unions in late September. The NCUA Board approved assessing federally insured credit unions an additional 25 basis points of insured shares to help foot the bill for the Temporary Corporate Credit Union Stabilization Fund.

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  Kiva New Orleans, ASI FCU Team Up to Rebuild a Ravaged City

  By David Morrison  |  September 7, 2011

  Kiva.org, the online organization that allows individuals to invest in development micro-loans around the world, has chosen a community development credit union as its field partner for its micro-lending effort in New Orleans.

• Kiva Loans Count Against Business Loan Cap, NCUA Says

  By David Morrison  |  September 1, 2011

  Micro-loans backed by Kiva would still count against 723 Cap.