NCUA General Counsel Robert Fenner and Office of Examination and Insurance Director Melinda Love both plan to retire later this year, the agency announced last week.
NCUA General Counsel Robert Fenner and Office of Examination and Insurance Director Melinda Love plan to retire later this year, the agency says.
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.
If current trends hold, the NCUA isn’t likely to have to levy a premium to shore up the NCUSIF this year, and if there is sufficient participation in the prepayment plan, assessments to repay the corporate credit union rescue could be reduced.
Although government work isn’t always lucrative, 25 NCUA employees make more than $201,000 annually, according to agency records.
NCUA says it won't list credit unions who don't contribute to prepaying the fund but that information will be in Call Reports.
ALEXANDRIA, Va.--NCUA Chief Financial Officer Mary Ann Woodson today told the board that in November for the first time this year there were declines in the number of troubled credit unions.
ALEXANDRIA, Va. -- The NCUA Board last Thursday approved an assessment of 12.42 basis points that federally insured credit unions must pay to shore up the NCUSIF, which has
Despite Washington-area thunderstorms that at times compromised audio quality, the NCUA addressed several hot topics during a 90-minute town hall webinar on June 28.
ALEXANDRIA, Va. -- The NCUA Board last Thursday approved a 13.4 basis point assessment for federally insured credit unions to help the Corporate Stabilization Fund repay the Treasury Department.