CUNA and Carolinas League out $340,000 in membership dues with loss of nation's second largest credit union.
CUNA's largest affiliated credit union, the $27 billion State Employees' Credit Union of North Carolina, will not renew its membership in 2014.
Despite all the risk-weighting, the NCUA can require whatever it wants of your credit union's capital.
Despite risk-weighting and 7% leverage ratio, the NCUA can require whatever it wants of your credit union’s capital.
After 1 in 7 credit unions filed quarterly 5300 reports late, the NCUA announces it will start fining violators.
Late 5300 report fines aside, the NCUA showed commendable restraint at this month’s board meeting when it comes to exerting its powers over credit unions.
While most agree credit unions should file reports on time, industry leaders also think regulator's fines are heavy handed.
CFPB Director reassures Realtors credit unions can still make mortgage loans that don't conform to the bureau's qualified mortgage rule, which took effect Jan. 10.
Credit unions have been preparing to comply with several new mortgage rules that take effect Jan. 10.
CUNA attorney says credit unions will continue to make QM business decisions up to today's compliance deadline.