ASI-approved H.R. 3584, which would allow privately-insured credit unions to join a FHLB, passes House committee markup.
Credit union member business lending made a to-do list published Nov. 5 by the National Journal that originated from Senate Majority Leader Harry Reid’s (D-Nev.) office.
Credit union lobbyists agree that the way Congress approaches the post-election lame duck session will largely depend upon Tuesday’s outcomes.
The $3 billion Catalyst Corporate FCU announced Oct. 29 the completion of its purchase and assumption of the Phoenix-based First Corporate Credit Union, a so-called pass-through corporate that struggled to gain enough scale to replace services provided by U.S. Central FCU.
The advocacy for the release of CAMEL ratings continues to be in the news. In my opinion, any disclosure of a CAMEL rating is clearly misguided and runs contrary to the basic underpinnings of our banking system. Our banking system rests on a three legged stool: federal deposit insurance (and...
The NCUA’s proposed rule that would allow it to declare state-chartered federally insured credit unions in “troubled condition” is the latest move by the federal regulator that has some state- chartered credit unions and their regulators crying foul.
Proposed NCUA "troubled condition" rule has some state-chartered credit unions, their regulators crying foul. Get the story early in this week's print preview.
The NCUA’s 2011 Annual Report, posted Tuesday on the regulator’s website, details an agency and industry steadily recovering from the recession.
Presidential candidate again misspeaks on credit unions, raising question if its intentional or lack of understanding. Either is troublesome.
This online only article accompanies the comprehensive looks at the year gone by in the Dec. 21 Year-in-Review print edition of Credit Union Times.