The NCUA will likely have much to consider as it reads through more than 280 comment letters that came in on the agency’s proposal to amend the CUSO rule.
More details about business after United Resources.
For some credit unions, finding ways to create alternative capital can be a daunting and ongoing strategic maneuver.
Experts are mulling the import of what may be more than just technical changes in Part 704 rules by the NCUA.
It is countdown to an Aug. 31 deadline for United Resources, the new corporate that may rise out of Western Bridge, but there are plenty of signs that credit unions are looking for alternatives as the evidence mounts that the capital goal will not be reached.
NCUA sharply rebuts Weiss Ratings conclusions.
Sundie Seefried , the CEO of Partner Colorado Credit Union, is sick of it and made it plain that she for one is not going to take the blame for hurting small credit unions.
When is an IOU not an IOU? That was the question on the mind of Mike Doland, executive vice president at ABNB FCU in Virginia, when he advised the credit union’s vice president for finance, Anthony Duncan, to send a letter to the Central Liquidity Facility, the federally operated organization overseen...
North Dakota-based Midwest Corporate has shut its doors, choosing to liquidate rather than attempt to meet toughened NCUA financial yardsticks.
Credit unions probably won’t have to pay a premium for the NCUSIF, but the NCUA is still trying to encourage them to part with more of their money.