With the recent guilty verdict against a businessman that scammed $7.5 million from the former Lockheed Credit Union to obtain a number of loans, the decision may have offered another instance of assurance that the public is becoming increasingly fed up with fraud.
Pundits and philosophers have noted that throughout history there is nothing permanent except change. Sometimes we create the change; other times, we respond to it. But we should never ignore it.
NCUA chair touts stewardship of four agency funds.
Norfolk, Va., credit union paid three times in operating expenses what it made in gross income in 2012.
Agency invites credit unions to embed video on their own websites to educate members on NCUSIF deposit protection.
Manual is product of two-year project to improve examination consistency and efficiency, agency says.
ALEXANDRIA, Va. — The NCUSIF was hit with $147.2 million in insurance losses during the third quarter, the NCUA Board learned at Thursday’s board meeting.
Small Colorado credit union's disappearance follows loss of one-third of net worth in one year.
Executive director stepping down after 34 years with the agency. Successor to be named later this year.
Using the NCUA’s midpoint estimates of remaining corporate stabilization costs, CUNA Chief Economist Bill Hampel estimates it would take four more years of assessments similar to the 2012 rate of 9.5 basis points to pay off corporate losses.