DENVER — The NCUA’s opt-in process for low income credit union designation may expand to include state-chartered credit unions, NCUA Chairman Debbie Matz announced last week during her keynote speech at the 2012 NASCUS Summit. The agency hopes to put the program into play later this month by working with...
DENVER — SECU CEO Jim Blaine took NCUA Chairman Debbie Matz to task during a tense exchange about separate exams on Wednesday at the NASCUS summit.
The NCUA’s proposed rule that would allow it to declare state-chartered federally insured credit unions in “troubled condition” is the latest move by the federal regulator that has some state- chartered credit unions and their regulators crying foul.
Proposed NCUA "troubled condition" rule has some state-chartered credit unions, their regulators crying foul. Get the story early in this week's print preview.
For another week, the dispute over the CAMEL rating disclosure involving the NCUA, the North Carolina Credit Union Division and the $23 billion State Employees’ Credit Union of Raleigh, N.C., continued to roil the state’s CUs as managers expressed new frustration and anxiety over dual exams.
One CEO: "A tempest in a teapot and we're the teabag." Another calls examiner visits a "blitzkrieg."
The big guns at Members Credit Union didn't mind getting their powder wet for a good cause.
This year, corporate credit union annual meetings included more than just the usual financial reporting and refreshments. Many corporate members were discussing their cooperative's fate in a changing landscape.
By now, First Carolina Corporate CU members have sat down to their annual meeting and luncheon today in Pinehurst, N.C.
A group of hardy North Carolina credit union executives and their families are doing their bit to support the troops this