NASCUS decries what is describes as NCUA preemption.
NASCUS Chairman Orla Beth Peck has appointed Florida regulator Linda Charity to the NASCUS board of directors. Charity is the interim commissioner for the Florida Office of Financial Regulation and also serves as director of the OFR's Division of Financial Institutions.
The Massachusetts Credit Union Share Insurance Corp. is partnering with The Paragon Group to host a new Volunteer Leadership Institute program. The conference will be held at Stowe Mountain Lodge in Stowe, Vt., Sept. 23-26.
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...
The three big credit union trade associations worked for years to find a way to allow supplemental capital for non-low income credit unions.
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.
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.
Letter asks NCUA to rely on state examiners if unable to go on examination at the same time.
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.
The NCUA says it's not developing a contingency plan for helping credit unions that stay deal with any new costs from more departures.