The NCUA says it's protecting the system. Critics say the agency is protecting itself. Check out this print preview from next week's print edition of Credit Union Times.
Management switch at two large West Coast credit unions drew tributes and messages of support from NASCUS.
Letter asks NCUA to rely on state examiners if unable to go on examination at the same time.
The NCUA says it's not developing a contingency plan for helping credit unions that stay deal with any new costs from more departures.
For many years, NASCUS was one of few voices supporting supplemental capital. Today, we've been joined by many in the credit union system who are eager for other means of raising capital in addition to retained earnings.
Agency tells trade groups no move needed because such conversions are "relatively rare" and that converting CUs will pay this year's assessment to corporate rescue fund.
Every American will remember precisely what we were doing on Sept. 11, 2001. I was four months pregnant and Credit Union Times senior Washington reporter at the time. That was the day Credit Union House was scheduled to open, and I was getting ready to cover the grand opening celebration.
Every American will remember precisely what we were doing on Sept. 11, 2001. Our veteran staff included.
If more credit unions leave the NCUSIF, can the NCUA take steps to minimize the impact on those that remain?
CUNA, NAFCU and NASCUS rewarded their leaders’ stewardship through challenging times last year.