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.
CUNA economist says lowering, spreading out payments would lessen impact on bottom line; NAFCU says release funds from NCUSIF.
The suggestion in the Editor’s Column [July 25, page 4] that a Republican administration could mean a 180-degree turn in credit union regulation is unfortunately partisan.
Agency outlines new program for credit union of $10 million or less.
New rules take effect Sept. 30, cover 45% of nation's credit unions with 96% of assets.
After receiving more than 280 comment letters on the matter, credit unions may see a final amended CUSO proposal by midyear.
This opinion piece will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
CUNA Chief Economist Bill Hampel says his analysis shows that Tech CU would pay more for FDIC coverage than now for NCUSIF.
Agency board told Monday that losses may not be as large as originally projected.