LAKE BUENA VISTA, Fla. — NCUA Board Member Rick Metsger and three NCUA staffers spoke on rules affecting CUSOs to a packed house.
If the NCUA's luncheon session at last week's NACUSO conference is any indication, Chairman Debbie Matz and crew could face hostile crowds during this summer's listening sessions.
The NCUA's session at the NACUSO conference was so poorly received, this summer's listening sessions on RBC could get ugly.
ALEXANDRIA, Va. — Metsger's first meeting also included new charitable donation proposal.
Eighteen months after it proposed a controversial loan participation rule that would have capped purchases from single originators to just 25% of net worth, the NCUA Board approved a final rule June 20 that significantly relaxed the provision.
ALEXANDRIA, Va. —The NCUA Board approved a final loan participation rule on Thursday that creates new limits and retention requirements.
ALEXANDRIA, Va. -- Federally insured credit unions that are insolvent, in conservatorship or have ratings of CAMEL 4 and 5 would be prohibited from offering golden parachutes to their executives under a proposed rule.
Federally insured credit unions that are insolvent, in conservatorship or have ratings of CAMEL 4 and 5 could not offer golden parachutes to their executives under a proposed NCUA rule.