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By Claude R. Marx |
November 20, 2011
The NCUA needs to do a more thorough review of how it protects the privacy of its computer users and data, according to a report by the agency’s Office of Inspector General.
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By Claude R. Marx |
November 15, 2011
The NCUA needs to do a more thorough review of how it protects the privacy of its computer users and data, its Inspector General says.
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By Claude R. Marx |
November 6, 2011
The NCUA has failed to prove that J.P. Morgan Securities the firm made “material misrepresentations” to the corporate credit unions when selling them residential mortgage-backed securities, according the firm’s court filing. And with that J.P. Morgan asked a federal judge to dismiss the agency’s June lawsuit against it.
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By Claude R. Marx |
November 1, 2011
Investment house says it informed corporates of risk.
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By Claude R. Marx |
October 10, 2011
NCUA examiners didn’t follow up on many documents of resolution and as a result gave better CAMEL ratings to some credit unions than they deserved, according to a report by the agency’s Office of Inspector General.
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By Claude R. Marx |
October 5, 2011
One quarter of the unresolved items related to management issues.
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By Michelle A. Samaad |
September 25, 2011
Nearly a year and a half after several members sued the NCUA to recover $4 million involving the defunct New London Security Federal Credit Union, their case was recently dismissed by a federal court for missing a key deadline.
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By Michelle A. Samaad |
September 19, 2011
Several members suing the NCUA to recover $4 million involving the defunct New London Security Federal Credit Union missed a deadline and saw their case dismissed in federal court.
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By Michelle A. Samaad |
September 7, 2011
Nearly a year after the NCUA filed a proof of loss claim to recover alleged monetary damages connected to the collapse of St. Paul Croatian FCU, the CUMIS Insurance Society has denied it.
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By Claude R. Marx |
July 14, 2011
Inspector General report says loan losses, investment concentrations doomed liquidated CU.
