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.
Call CEO pay the credit union governance hot potato. “This is certainly an increasingly hot topic,” said attorney Michael Lozoff, chair of the credit union practice at Shutts and Bowen in Miami.
Credit unions that have restructured loans for struggling members no longer have to pay the price on their financial performance reports. That’s because a final rule released in May by the NCUA, which applied GAAP standards to the reporting of delinquent restructured residential mortgage loans, included a provision that released...
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.
“Everybody in California is jumping up and down about this,” Patelco CFO Scott Waite said of the new rule.
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.
The refrain “the Few, the Proud, the Marines” has special meaning for the family of Jim Blaine, the president/CEO of State Employees’ Credit Union of Raleigh, N.C.
Patty Idol of Mountain Credit Union to fulfill unexpired term of Jim Blaine, SECU president/CEO, who's stepping back after 10 years.
Keep an eye on these hot little numbers coming down the credit union runway this season. It could help your institution become the next top credit union.