The NCUA Board approved a revised risk-based capital rule at the agency's Jan. 15 board meeting, which reduced the number of credit unions subject to the new capital requirements and lowered the well-capitalized standard by 0.5%.
Federal Credit Union Act provides “interpretive flexibility” to implement a two-tier risk-based net worth system.
ALEXANDRIA, Va. — NCUA Chairman Debbie Matz says she contacted 11 law firms nationwide for feedback.
NAFCU and CUNA prepare to protect tax exemption this year in anticipation of possible tax reform.
The NCUA accuses DB of failing to meet trustee obligations when it sold bad securities to failed corporates.
NCUA Chairman Debbie Matz' decision to take Vice Chairman Rick Metsger's appointment to a vote shifts attention to Mark McWatters.
NCUA Chairman Debbie Matz' decision to take Vice Chairman Rick Metsger's title to a vote shifts attention to the board's incoming member.
It was more than five years ago – March 2009 – when the NCUA seized WesCorp and U.S. Central, and thus began a shakeup that would completely redraw the map of corporate credit unions and their spokes. That story has been told, extensively, in CU Times.
Catch up with three former corporate leaders: Thomas Bonds, Francois Henriquez and Brian Hague.
According to Federal Judicial Center data, Fair Labor Standards Act suits are up 237% in just 10 years.