Trade group’s analysis shows credit union capital cushions would suffer a $490M hit.
A total of $12,820 in civil money penalties will go to the U.S. Treasury.
Card fees counted as income, not expenses, helped Commonwealth Utilities Employees CU grow noninterest income.
Insufficient capital during the financial crisis helped caused natural person credit union failures that cost the share insurance fund $750M.
CUNA makes available to members and the press an opinion it obtained in September 2014 that argues the NCUA's risk-based capital rule is illegal.
The event featuring NAFCU staff and the NCUA's Larry Fazio will broadcast from 1 to 2:30 p.m. on Friday.
Federal Credit Union Act provides “interpretive flexibility” to implement a two-tier risk-based net worth system.
ALEXANDRIA, Va. — NCUA Chairman Debbie Matz says she contacted 11 law firms nationwide for feedback.
The $1M Faith Based FCU makes national headlines for providing a member with payday loan relief.
ALEXANDRIA, Va. — The NCUA removes the controversial provision from its new RBC rule, but NAFCU says exam concerns remain.