NCUA awards Texas-based corporate "exclusive right to acquire" remains of WesCorp.
Here’s a news flash: The NCUA’s annual budget is a sound investment by credit unions to protect their bottom lines.
This opinion piece will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
Credit unions should set aside between 8 and 11 basis points for next year’s assessment to pay for the corporate credit union rescue, NCUA Chairman Debbie Matz advised last week.
The FDIC’s fund for insuring banks will have to pay out $19 billion because of bank losses over the next five years, a decline from the original estimate of $23 billion, the agency said last week.
NCUA Board member addresses NAFCU Congressional Caucus on Tuesday, invokes FDR at Mayflower Hotel.
Sarah Snell Cooke’s column, “Parsing the Possible Harm Awaiting NCUSIF” (Aug. 17 issue) presents some unfounded extrapolations about potential losses to the NCUSIF. The column simply took the assets of all CAMEL 4 and 5 credit unions, assumed they would all fail and applied the average loss ratio of 17%...
Every now and again it’s interesting to study the statistics of the credit union industry. Some we find merely satisfy an idle curiosity, while others can have far more serious implications.
Every now and again it’s interesting to study the statistics of the credit union industry. Serious implications sometimes emerge.
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