NCUA Chairman Debbie Matz and Board Member Michael Fryzel stuck to a controversy-free agenda during the agency’s October board meeting last week.
ALEXANDRIA, Va. — NCUA Chairman Debbie Matz and Board Member Michael Fryzel approved a million-member FOM and a proposed extension of the LICU designation streamlining offer.
U.S. Magistrate Judge Margaret A. Nagle has denied the NCUA’s motion to prevent former Director of the Office of Corporate Credit Unions Kent Buckham from giving a deposition to former WesCorp CEO Robert Siravo’s defense attorneys in the ongoing case that was originally filed by seven former WesCorp member credit...
NCUA rebuffed in preventing Kent Buckham deposition, convinces judge not to order depositions from Debbie Matz and Gigi Hyland in WesCorp case.
Community Promise FCU in Kalamazoo sponsored by same organization that sponsored one that vanished by merger last month in nearby Battle Creek.
Lakota Federal Credit Union will be a low-income designated credit union.
Low-income designated credit union is the first new charter for 2012.
Despite recent activity, the NCUA has said it is not in the business of pushing mergers in 2012. According to an agency spokesman, there is “an upsurge in mergers this year which is likely due to the ability of continuing credit unions to assume the responsibilities associated with mergers as...
Regulatory fallout from the housing crash, the Credit Card Act of 2009 and the new Consumer Financial Protection Bureau are making the daily duties of a loan officer look increasingly more like those of a compliance officer. Below are the most burdensome, difficult and confusing current regulations and proposed rules...
Here's a list of some of the most burdensome, difficult and confusing regulations and proposed rules facing credit union lending officers today.