In the credit union system, expanding compliance requirements and increasing complexity of operations have made the work of credit union executives and their examiners more challenging. In an effort to assist the credit union system, NASCUS has prepared the following summary of supervisory priorities for the year. This summary incorporates...
A week after super storm Sandy slammed into the East Coast, New Jersey Gov. Chris Christie looked ahead to preparations for a nor’easter that was due to dump snow and rain on the already reeling Northeast.
Disasters and missteps are just some of the highlights in this early look at our Year in Review print issue out next week.
Trade organizations have submitted their regulatory wish lists to the NCUA as the agency prepares to undergo its annual rule review.
The NCUA’s proposed rule that would allow it to declare state-chartered federally insured credit unions in “troubled condition” is the latest move by the federal regulator that has some state- chartered credit unions and their regulators crying foul.
Proposed NCUA "troubled condition" rule has some state-chartered credit unions, their regulators crying foul. Get the story early in this week's print preview.
NASCUS decries what is describes as NCUA preemption.
Patty Idol of Mountain Credit Union to fulfill unexpired term of Jim Blaine, SECU president/CEO, who's stepping back after 10 years.
In an unforeseen management shift, Benson Porter, president/CEO of the $5 billion First Tech Federal Credit Union of Palo Alto, Calif., will be taking over the $9.7 billion BECU of Tukwila, Wash., next April, succeeding retiring CEO Gary Oakland.
Management switch at two large West Coast credit unions drew tributes and messages of support from NASCUS.