Federal Deposit Insurance Corp

  • Dodd and Frank, Together Again, Defend Namesake Law

    Former U.S. Rep. Barney Frank and Sen. Christopher Dodd in first public appearance together since retiring.

  • Letter: Payday Assault by NCUA Will Not End Well

    Credit Union Times’ recent report about a letter sent by NCUA Board Chairman Debbie Matz to the National Consumer Law Center and the Center for Responsible Lending led me to question the agency’s priorities. I continue to be puzzled by why the NCUA, and especially Matz, expends so much energy...

  • All Eyes On Card Security

    Industry observers and executives with other processing companies predict that the recent supervisory letter on FIS security problems may have a limited impact on FIS’ sales but will likely heighten the importance of security for all payments processors.

  • FIS Faulted on Security by Feds

    The NCUA has asked credit unions that process their debit and credit card transactions with FIS to evaluate their relationship with the card processor in light of an information technology supervisory letter the company has received from other federal financial regulators.

  • HAR-CO FCU Awaits Regulator on Charter

    The members of the $193 million HAR-CO Federal Credit Union have voted to approve the credit union's change to a mutual bank charter, according to an announcement from the CU to its members. The credit union did not returned calls seeking comment on the vote.

  • Sun Shines in Los Angeles for WesCorp Board Members

    In a dense, 23-page preliminary decision, Judge George H. Wu has handed out holiday cheer to former directors of Western Corporate Federal Credit Union, according to experts who have studied the decision distributed to involved parties on Monday.

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