Stuart Perlitsh, president/CEO of the $336 million Glendale Area Schools Federal Credit Union in California, wrote a Letter to the Editor criticizing NCUA spending on its Office of Small Credit Union Initiatives and questioning its return on investment.
A response to “Questioning Cost of Small Credit Union Initiatives” (CU Times, April 16, 2014).
Has the NCUA's OSCUI lived up to its promise to support small credit unions? No, according to this letter to the editor.
NCUA Board Chairman Debbie Matz responds to criticism of a proposed rule that would prohibit federally chartered home-based credit unions.
In this Q&A, the NCUA Board chairman details her views on the proposal to require commercial office space.
CommunityWorks Federal Credit Union in Greenville, S.C. receives a charter from the NCUA. Potential FOM is almost 475,000.
The event is scheduled for Wednesday, April 16 at 2 p.m. Eastern.
The NCUA says it contacted all home-based CUs and offered them assistance prior to introducing its proposed rule, but the CUs say otherwise.
Agency says grants going to 127 of 320 applicants in first round of 2014 revolving loan fund awards.
Compliance with BSA laws, and the risks associated with noncompliance, will be covered in free mid-March event.