Differences between the NCUA's risk-based proposal and Basel III requirements will make credit unions less competitive and less able to accumulate capital.
The $72 million PowerNet Credit Union in Tampa, Fla., has promoted its 12-year chief financial officer Don Prue to CEO, leaving Tim McMurry with the title of president after more than 37 years as president/CEO, the credit union's board announced.
According to a release, CEO Don Prue will lead the credit union while President Tim McMurry will focus on membership and active participation.
This Opinion piece looks at how credit unions can use new tools continue to compete in a world without credit cards.
Now that the NCUA board has approved a proposal that would require all CUSOs to file financial reports directly with the regulator and the appropriate state supervisory authority, some CEOs of member business lending CUSOs have weighed on what the the changes may mean for their operations.
Trade group meets with new NCUA Board member to explain position on proposed CUSO rule changes.
Numbers from ForeSee research again favor non-profit financial cooperatives; apps considered superior to mobile websites.
Twenty-one credit unions in Iowa partnered with foundation to offer lower income members IDAs stand to share in additional state funds.
The substantive economic and market-related challenges experienced nationwide over the past several years have highlighted the need for our industry to be better equipped at the strategic and operational levels to handle unforeseen market opportunities and challenges. Supplemental capital is a tool that credit unions could find useful for various...
A community development banking listserv with more than 4,000 subscribers has a new manager as its founder moves to the NCUA.