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March 19, 2012
Given the volatile nature of the recent economic crisis, it was inevitable that pressure would build on regulators to respond to the crisis with additional regulations. Certainly some of these new regulations were promulgated in response to poor practices that exposed gaps in regulation. If credit unions are feeling overwhelmed...
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By Claude R. Marx |
February 9, 2012
The three big credit union trade associations worked for years to find a way to allow supplemental capital for non-low income credit unions.
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By Claude R. Marx |
January 22, 2012
CAMELs aren’t usually a source of controversy in a place known for basketball and tobacco. At issue is the NCUA’s fight with state regulators over the release of the CAMEL rating of State Employees Credit Union.
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By Claude R. Marx |
January 19, 2012
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.
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By Claude R. Marx |
October 17, 2011
Letter asks NCUA to rely on state examiners if unable to go on examination at the same time.
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By Michelle A. Samaad |
September 27, 2011
The problem with the NCUA’s CUSO proposal is that the focus is on supervisory oversight of CUSOs rather than their relationships with credit unions.
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By Claude R. Marx |
September 18, 2011
The NCUA says it's not developing a contingency plan for helping credit unions that stay deal with any new costs from more departures.
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By Claude R. Marx |
September 15, 2011
Utah regulator Orla Beth Peck new chairman, Community First CU President/CEO Cathie Tierney heads advisory council.
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By Marty Martha Fortney |
September 14, 2011
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.
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By Claude R. Marx |
September 12, 2011
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.
