The NCUA issued prohibition orders to several individuals in October for embezzlement.
From 2009 to 2013, 46% of CUNA Mutual bond claims paid involve employee dishonesty.
Two employees to pay combined restitution of nearly $775,000.
From 2009 to 2013, 46% of claims paid involved employee dishonesty, the company said.
ALEXANDRIA, Va. — Matz and McWatters disagree on priorities at monthly NCUA board meeting.
On Sept. 30, NCUA Board Chairman Debbie Matz announced she will offer a second comment period for the proposed risk-based capital rule, due to the significant structural changes currently being considered.
Concerned lawmakers receive an update on a new comment period.
A university study finds credit unions file significantly fewer exam appeals than banks do.
Rather than permit a second comment period, the NCUA will propose a revised RBC rule.
While all comments regarding the proposed rule support securitization authority, most also say the NCUA is too restrictive.