What has the diminished role of corporate credit unions meant for CUSOs of natural person credit unions? The answer is some challenges but lots of opportunities.
There was little news revealed in NCUA's Virtual Town Hall today, as the regulator primarily focused on reviewing corporate stabilization events that have occurred so far.
NAFCU has repeated its previous request of NCUA to keep any assessment levied on credit unions for the Share Insurance Fund as low as possible.
Credit unions like many other leveraged institutions have experienced huge investment losses primarily with investment
While it may not be considered an official "sand state," Utah's federally insured credit unions appear to be in worse shape than their southern neighbors.
Despite Washington-area thunderstorms that at times compromised audio quality, the NCUA addressed several hot topics during a 90-minute town hall webinar on June 28.
The National Federation of Community Development Credit Unions has changed and upgraded some its programs to help small community development credit unions.
NCUA Deputy Executive Director Larry Fazio provided a few more clues yesterday regarding progress toward separating so-called legacy assets from corporate credit union balance sheets.
Art Lehman, CEO of Kokomo Heritage FCU, waxed philosophic about news that Members United FCU's toxic assets performed better than expected but that his CU will not benefit directly.
NCUA Deputy Executive Director Larry Fazio said the regulator already has "solid estimates" on the size of corporate loss exposures and other corporate stabilization expenses and is on target to recommend an assessment figure this summer.