Federally insured credit unions could potentially receive a rebate on corporate assessments, according to a Feb. 12 release from the NCUA. However, the final tally won't come until 2021, the regulator cautioned.
NCUA officials still won't reveal the net amount received from the JPMorgan settlement. But their excuse sounds credible.
NCUA officials still won't reveal the net amount received from the JPMorgan settlement. At least their excuse sounds credible.
Revealing the settlement's net gain could jeopardize ongoing negotiations with deep-pocketed Wall Street firms, NCUA's general counsel says.
JPMorgan Chase settlement eliminated future assessments, but NCUA won't reveal how much it paid in lawyer's fees.
A second credit union files a lawsuit against the Minneapolis-based retailer over massive data breach.
$38 million First Choice FCU of Pennsylvania files a class action suit seeking damages stemming from card data breach.
More than five years after New London Security Federal Credit Union was liquidated, yet another delay could stall payments that some members claim are still due to them.
Lawyer trust account parity bill would enable credit unions to compete, expand services.
From being able to compete with banks to assuring business members that their funds are insured, there could be several long-term benefits for credit unions if a bill involving insurance coverage becomes law.