Outgoing BECU President/CEO Gary Oakland said he might be interested in a spot on the NCUA Board.
The White House has removed Carla Decker from consideration as a member of the NCUA Board.
Credit unions could accept supplemental capital that wouldn’t be insured by NCUSIF and would be subordinated to other claims, according to provisions of a bill introduced by Rep. Peter King (R-N.Y.) and Rep. Brad Sherman (D-Calif.).
Last year, 29 NCUA employees made more than $201,000, an increase from 25 the year before, according to agency records.
Last year, 29 NCUA employees were paid more than $201,000 each. Get the full story in this Print Preview from next week's Credit Union Times.
Except for Newt Gingrich’s two mischaracterizations, credit unions haven’t come up as an issue in this election campaign so far.
The three big credit union trade associations worked for years to find a way to allow supplemental capital for non-low income credit unions.
Some industry sources say Senate Banking Committee might pair nomination with Carla Decker bid for NCUA.
Three months and still no hearing. That has been the fate so far of Carla Decker, President Obama’s nominee to succeed Gigi Hyland on the NCUA Board.
The last few years have been very interesting to comment on the news and, while some things have slowed down, now is no different. Many issues from credit union management to matters in Washington continue to evolve and deserve commentary.