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.
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.