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By Claude R. Marx |
May 23, 2011
ALEXANDRIA, Va. — Credit unions could prepay between $10,000 and 36 basis points of insured shares toward their assessments to pay the costs of the rescue of corporate credit unions under a proposal announced at the May 19 NCUA board meeting.
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By Claude R. Marx |
May 19, 2011
ALEXANDRIA, Va. — The NCUA ruled Thursday that federally insured credit unions that are insolvent, in conservatorship or have ratings of CAMEL 4 and 5 are prohibited from offering golden parachutes to executives.
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By Claude R. Marx |
April 5, 2011
The NCUA’s rules regarding director responsibilities won’t increase the likelihood of litigation and won’t create a conflict between the interests of the credit union and individual members, NCUA General Counsel Robert Fenner said in an opinion letter.
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By Michelle A. Samaad |
March 10, 2010
Samira Rajan is being realistic about the possible shift in small business activity likely to occur when the economy returns to a robust and healthy state.
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March 3, 2010
The notion that volunteer directors generally underperform has no more credibility than the idea that financial rewards for individual directors is the driving force and significant difference between healthy corporations and failed corporations.
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By Michelle A. Samaad |
March 1, 2010
Credit unions based in the Brooklyn borough may be able to form more relationships with small businesses who say the cost of insurance is among the top reasons hampering their growth.
