Rick Metsger, a former Oregon state senator who has sponsored credit union legislation and once served on a credit union board, was nominated by President Barack Obama May 15 to serve on the NCUA Board.
Measure similar to proposed legislation in House, would raise cap to 27.5% of assets.
Oregon consultant was named "state legislator of the decade" by state league while serving as state senator.
Agency says at monthly meeting that four first-quarter liquidations have cost $75,000 in associated losses.
Banks' Subchapter S exemption not on president's targeted tax savings list.
The NCUA reported March 28 that following a twice-annual review, the highest estimated amount credit unions have yet to pay in corporate assessments has declined by $900 million.
Sunny skies et the scene for a picture-perfect race day on Sunday as $483,000 presented to CMN hospitals by Credit Union Miracle Day.
Skeptics who saw the seeds of an eventual bank charter in the advent of American Express and Walmart had a change of heart and last week and announced that the jointly sponsored Bluebird prepaid card will carry FDIC deposit.
CUNA, ABA has no comment so far, NAFCU approves of prepaid cards having FDIC, ICBA objects.
NAFCU president responds to NCUA announcement by reiterating agency's need to help credit unions lower expenses.