ALEXANDRIA, Va. — NCUA Board Member Rick Metsger: " I don’t see it being wise to say we’re going to hire a bunch of people to go look at everyone’s books."
The first loan participation Pen Air Federal Credit Union was involved in teamed the cooperative up with a regional bank.
Each of the four there now have assets exceeding that of the Share Insurance Fund, NCUA Chair Matz notes.
In taking steps to provide federal credit unions with derivatives authority as an additional tool to manage interest rate risk on the balance sheet, the NCUA demonstrated flexible thinking in evaluating its rules. That is to be commended.
Respondents air it out in trade group's survey. NAFCU says it's seeking transparency.
The NCUA over the weekend activated its disaster relief policy in response to the flooding in Colorado.
When done well, loan participations spread income making opportunities to the buyers and provide funds for the sellers to serve more members.
WASHINGTON — Rick Metsger addresses NAFCU Congressional Caucus in his first public appearance as NCUA Board member.
Small credit union also had its former NCUA examiner on its board, according to Inspector General's report.
Former Oregon state senator becomes agency's 20th board member since its inception, fills empty third seat.