Correspondence between Alabama, federal regulators say OCCU Director Scott Hunt told Corporate America CEO to quit talking to media or the agency "would not support CACU."
Agency inspectors say shortfall was from liquidation rather than bulk sale of Florida property by Michigan's failed Huron River Area CU.
SECU chief says regional director made false accusations, misrepresented North Carolina administrator.
The U.S. Government Accountability Office on Wednesday issued its report on corporate credit unions and the NCUA. And the report’s title tells the story: “Earlier Actions Are Needed to Better Address Troubled Credit Unions.”
Oversight agency points to "poor investment and business strategies" in corporate failures.
Program initiated after collapse of Eastern Financial CU and its 2009 merger into Space Coast CU.
Report to Congress says NCUA OIG proposes "removing the employe from federal service."
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.
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.
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.