CUNA, NAFCU and NASCUS criticize proposal, which would require large credit unions to maintain a stress test capital ratio of at least 5%.
According to the credit union industry's two major trade associations, the NCUA's proposed stress test rule is unnecessary because the four largest credit unions in the nation already conduct their own tests.
CUNA, NAFCU express concerns about NCUA plans for largest of credit unions.
ALEXANDRIA, Va.— NCUA Board approves proposed rule that would require the same of credit unions.
A U.S. Department of Homeland Security memo that said the May 7 distributed denial of service attacks threatened by the so-called “hacktivist” collective Anonymous against government and financial websites would be more bark than bite prove to be true.
Hacktivists Anonymous threats failed to materialize but that doesn't mean DDoS attacks won't follow, and they could go beyond the website.
The $3.4 billion Corporate America Credit Union and the $185 million Louisiana Corporate Credit Union announced Sept. 17 that they have called off their merger plans.
Corporate America Credit Union and Louisiana Corporate Credit Union announced late Monday they have called off their merger.
NASHVILLE, Tenn. — NCUA resources are being disproportionately applied to small credit unions and skimping on large credit union supervision, NCUA Chairman Debbie Matz told NAFCU’s annual conference attendees during her general session address July 24
NASHVILLE, Tenn. — Effective Jan. 1, NCUA’s Office of Corporate Credit Unions will reorganize into a new Office of National Examinations and Supervision.