The NCUA liquidated the $14 million Mayfair Federal Credit Union in Philadelphia on March 31.
Hints about future regulations on payday lending from CFPB indicate the rules could effectively shut down alternatives at credit unions.
CEO moves top list of credit union people news this week.
The CFPB hasn't officially said it is writing new rules, but Director Richard Cordray hinted new regs are underway in a recent payday lending report.
Mayfair FCU had been in NCUA conservatorship since last year. The regulator couldn't right the ship in time, and pulled the plug on Monday.
Grace F. Meighen, 94, founder, manager and board member of the $60 million Washington FCU in Washington, Pa., died on March 18.
This opinion piece argues that the Affordable Care Act creates new opportunity for credit unions to sell health savings accounts.
As the March 31 individual mandate deadline approaches, CoOportunity Health chalks up 50,000 sign ups in the Midwest.
What does a home-based credit union look like? CU Times found photos of five that say the NCUA's proposed rule could shutter them forever.
The NCUA approved 12 consolidations in January 2014, down from 17 in January 2013, and 22 in January 2012.