ALEXANDRIA, Va. - In a split 2-1 vote, the NCUA board approves the final stress test rule.
The 17 mergers approved by the NCUA in February is up from 12 in January, but down from 20 approved in February 2013.
San Diego County CU hires two new SVPs; read other new hire, promotion and retirement announcements from this week.
Proposed rule requires largest credit unions to maintain a 5% stress test capital ratio.
Seventeen consolidations were approved in February, down from 20 in February 2013 and 19 in February 2012.
In 2011, an NCUA examiner-in-charge reviewed a 2010 state examination of the $23.6 million Taupa Lithuanian Credit Union and said it sounded all too familiar.
The $380 million People's Credit Union in Middletown, R.I., promoted Cheryl Costa to branch manager at its Portsmouth location. Costa joined the credit union in March 2013 as assistant branch manager in Newport after working in several positions with Bank of America.
Think there's more to social media than views, likes or followers? Curious to try something new at your credit union but not quite sure it's even possible?
Read about this new CEO in Texas and other new hires, promotions and career milestones in the credit union community.
Roughly 90 days after the implementation of new mortgage regulations, credit unions say business is slow.