WASHINGTON — NCUA Board Member Gigi Hyland told credit union leaders today to redouble their efforts to tell their story on Capitol Hill.
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.
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.
A Spanish-language version of the NCUA’s consumer website is now available at www.espanol.mycreditunion.gov. The agency said the site is part of its continuing effort to reach Spanish-speaking consumers.
The NCUA has launched a Spanish version of its MyCreditUnion.gov consumer website.
Board member's term ends, but she is not departing.
ALEXANDRIA, Va. — Before Robert Fenner joined the NCUA as a staff attorney immediately after graduating from George Washington University Law School in 1974, he “didn’t even know what a credit union was.”
ALEXANDRIA, Va. — CUSOs would have to submit financial reports to the NCUA and there would be limits on the investments certain credit unions can make in CUSOs, according to a proposed rule the NCUA sent out for comment on July 21.
ALEXANDRIA, Va. — New rules call for CUSOs to submit financial reports to the NCUA, limit investments certain credit unions can make.
When the NCUA issues its proposed regulation of credit union service organizations on July 21, it will be an attempt by the agency to keep a closer eye on organizations whose role has grown and therefore expose credit unions to greater risk.