Cleveland credit union brags of 5-star rating on its website; Ohio DFI liquidates. NCUA numbers good.
Judge Wu says agency waited too long to file claim over failed securities, same reason Kansas City case was dismissed.
BOSTON — NCUA Chairman Debbie Matz made the announcement during her general session address at NAFCU’s 46th Annual Convention in Boston.
Federal judge in Kansas City cites statute of limitations in corporates collapse case.
Rule was first proposed in December 2011 and first iteration would limit participations from a single originator to 25% of net worth.
A Philadelphia-area credit union manager’s retrial on theft charges, originally scheduled for June 3, was postponed to June 27, according to the Montgomery County Deputy District Attorney Steven Latzer.
Case continues for UFCW Local 1776 ex-manager Anne Clyburn, fired in 2007 and charged with unauthorized raises, improper expenditures.
Oregon case thrown out but industry attorney says NCUA should take notice of judicial treatment of Federal Credit Union Act.
ALEXANDRIA, Va. — The NCUA’s proposed derivatives rule includes a possible fee structure for credit unions applying for and using the authority that could discourage them, say those involved with the regulator’s pilot program. And one credit union chief financial officer said she won’t apply if the final rule includes...
California credit union first to emerge from NCUA management since 2007.