Former Board Member Fryzel spends the majority of his travel budget in his hometown of Chicago; Chairman Matz will make board travel data public.
If the NCUA board’s proposed $30 million limit to define small credit unions stands, 1,603 credit unions would be excluded from risk-based net worth requirements and a provision of the interest rate risk rule, according to the NCUA’s action memo on the topic.
Agency hopes training will lead to better exam process.
Agency promotes from within for Office of Examination and Insurance, brings new chief information officer in from Bureau of Land Management.
John Kutchey to succeed Melinda Love, moving from E&I to COO/deputy executive director.
ALEXANDRIA, Va. — CUSOs would have to submit financial reports to the NCUA and there would be limits on the investments certain credit unions can make in CUSOs, according to a proposed rule the NCUA sent out for comment on July 21.
CHICAGO -- Risk may be a four-letter word, but it's not something that is necessarily or should be feared.