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By Heather Anderson |
May 20, 2013
NCUA Board Members Debbie Matz and Michael Fryzel said they are eagerly anticipating comments on a rule that would grant new investment authorities but could set a pay-to-play precedent that concerns trade associations.
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By Heather Anderson |
May 16, 2013
ALEXANDRIA, Va. — NCUA Board encourages comments on proposed rule that would grant new investment authorities. Trades express concern.
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By Marc Rapport |
April 18, 2013
Agency says at monthly meeting that four first-quarter liquidations have cost $75,000 in associated losses.
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By Guy A. Messick |
April 17, 2013
All of us in the credit union industry–regulators, credit union professionals and directors–have a role to play. Our actions have consequences both short term and long term. I fear that the actions of some of us are leading credit unions on a path to mediocrity.
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By Heather Anderson |
March 27, 2013
The NCUA’s Inspector General blamed Telesis Community Credit Union’s former management and board as well the NCUA and California Department of Financial Institutions for the Chatsworth, Calif.-based institution’s failure in a material loss review released March 20.
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By Heather Anderson |
March 21, 2013
New report cites CEO's aggressiveness and risk-taking, compliant board, lax oversight in California credit union failure.
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By Heather Anderson |
March 21, 2013
OIG says agency should amend capital rules to reflect higher risk in member business loan portfolio.
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By Michelle A. Samaad |
March 8, 2013
This preview from the March 13 print edition takes a look at the fight against loan fraud.
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By Michelle A. Samaad |
March 8, 2013
With the recent guilty verdict against a businessman that scammed $7.5 million from the former Lockheed Credit Union to obtain a number of loans, the decision may have offered another instance of assurance that the public is becoming increasingly fed up with fraud.
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By Debbie Matz |
February 27, 2013
Pundits and philosophers have noted that throughout history there is nothing permanent except change. Sometimes we create the change; other times, we respond to it. But we should never ignore it.