Agency executive director tells House panel that bill would raise NCUSIF tab, add regulation and not give any assurance of added benefit.
The NCUA’s decisions aren’t reviewed by third parties and credit unions don’t receive consistent messages, trades testify to Congress.
Wednesday House hearing will focus on bill that would give financial institutions ability to appeal results of examinations to an independent ombudsman.
NAFCU, CUNA sending credit union executives to testify on the Hill for measure that would allow financial institutions to contest examinations.
EVP Berger tells lawmakers that exam consistency "is a key component to providing results accurately reflecting safety and soundness."
CUNA chief Cheney calls proposed law "firm step in the right direction."
If you’ve ever wanted to appeal the results of your credit union’s NCUA examination to someone outside the agency, a bill moving through the House of Representatives would allow you to do that.
Credit unions have a lot to feel good about, and this time of year makes it easier to recognize even when times are tough in general. Credit unions are beginning to distribute member dividends and new membership signups are rolling in at a pace credit unions have not experienced in...
Credit unions have a lot to feel good about, and this time of year makes it easier to recognize even when times are tough in general.
This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.