Low interest rates and business lending caps would strain reinvestment but checking account fee income could rise.
The NCUA says it's not developing a contingency plan for helping credit unions that stay deal with any new costs from more departures.
NCUA Board Member Gigi Hyland doesn’t have to order a moving van any time soon. Even though her term on the board expired on Aug. 2, President Obama hasn’t nominated anyone to succeed her.
Saying it only received $369.9 million in pledges, the NCUA announced last week that it will not go forward with the program allowing credit unions to prepay some of their assessments on the cost of
The NCUA has threatened to sue four investment banks if they don’t refund $50 billion from the sale of mortgage-backed securities to five corporate credit unions that the agency conserved last year, according to several sources within the credit union industry.
Most of us can agree that we didn't begin our careers with credit unions because it was a way to get rich but because the movement is something we believe in.
Credit unions and other financial institutions are likely to face an added regulatory burden as a result of the regulatory overhaul bill passed by Congress this year.
Every year at this time, this space is reserved for predictions. Last year when I made mine, I must have been in a sour mood for they were downright bleak.
Say farewell to the wisecracking, brainy lawmaker from suburban Boston and say hello to the soft-spoken, courtly former lumber company owner and trial lawyer from Birmingham, Ala.
When Congress returns, credit unions can expect fewer consumer bills, tweaking the financial overhaul bill and new leaders of House and Senate committees that oversee credit unions.