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By Claude R. Marx |
December 16, 2010
ALEXANDRIA, Va.--With little discussion and by a unanimous vote, the NCUA Board today upheld the denial of Tri-State FCU's application to add a YMCA to its field of membership.
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June 2, 2010
A line of credit from a credit union to a mortgage company is a member business loan because the company assigns liens to family dwellings to secure the line of credit, NCUA Associate General Counsel Sheila Albin wrote in a legal opinion.
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By Claude R. Marx |
March 18, 2010
Federal credit unions can add a floor rate to variable rate home equity loans if the original agreement disclosed that such an addition is possible, according to an NCUA legal opinion.
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February 17, 2010
A conflict of interest that would prevent a board member from voting must have a "real or actual effect, not a hypothetical or speculative effect on the individual or organization's interest,"
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February 17, 2010
Credit unions can form a CUSO to provide services aimed at helping credit unions comply with federal regulations, according to a legal opinion from NCUA Associate General Counsel Sheila Albin.
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February 10, 2010
Elizabeth Whitehead, the NCUA's associate regional director of programs in Region I, was named by the board to be the Director of Region V.
