Learn the latest on how credit unions are preparing to comply with the rule, including a recent clarification from the NCUA.
In line with a revised NCUA rule, certain federally insured credit unions must amend their CUSO contractual agreements before the June 30 effective date.
Only credit union-CUSO deals that involve an investment or outstanding loan must amend contractual agreements.
From increasing services to mitigating risks, the benefits of partnering with CUSOs and other vendors run the gamut, experts say.
Benefits in partnering with CUSOs and other vendors are real, but so are the dangers if not monitored correctly, experts say.
Former Oregon state senator becomes agency's 20th board member since its inception, fills empty third seat.
Former Oregon state senator to take his seat on the NCUA Board.
It’s been six months since the NCUA put Telesis Community Credit Union’s stake in Autoland Inc.’s up for sale, but the agency is mum on where the bidding process now stands.
The NCUA is standing by its decision to limit bids for Autoland Inc., an auto buying CUSO, to only credit unions and CUSOs.
Nearly three months after the NCUA was appointed the liquidating agent for Telesis Community Credit Union, the agency has been working behind the scenes to divest the cooperative’s roughly $4 million stake in Autoland Inc., an auto buying CUSO.