NCUA Vice Chairman calls out a recent NAFCU opinion piece that questions the agency's desire to update FOM rules and law.
NCUA board adds the rule to its monthly board agenda.
NCUA Vice Chairman directs staff to create guidelines requiring providing encrypted data to the agency, state examiners.
Budgets decline for Matz, McWatters and Metsger for fiscal year 2015.
Congressmen question DOJ settlement with big banks that encourage donations to 'activist groups.'
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.