The NCUA board will likely approve the 2015 budget at its monthly meeting on Nov. 20.
Company is in the process of testing and certifying issuer processors that support more than 1,000 credit unions.
From 2009 to 2013, 46% of CUNA Mutual bond claims paid involve employee dishonesty.
From 2009 to 2013, 46% of claims paid involved employee dishonesty, the company said.
NCUA Vice Chairman Metsger says more than two-thirds of the 500 financial institutions supporting the new tool are credit unions.
NCUA Vice Chairman Metsger says fraud is major contributor in more than half of share insurance fund losses.
On Sept. 30, NCUA Board Chairman Debbie Matz announced she will offer a second comment period for the proposed risk-based capital rule, due to the significant structural changes currently being considered.
Rather than permit a second comment period, the NCUA will propose a revised RBC rule.
ALEXANDRIA, Va. — The NCUA Board finalized technical amendments Sept. 18 at Mark McWatters’ first meeting, and approved a federal credit union's request to expand its community charter.
ALEXANDRIA, Va. – The NCUA's newest board member votes in favor of technical amendments to existing rules and a FOM expansion.