ALEXANDRIA, Va. — The NCUA approved a controversial final rule during its Jan. 10 board meeting that would allow the federal regulator to declare a state-regulated, federally insured credit union to be in “troubled condition”.
ALEXANDRIA, Va. — New rule requires federal regulator to do onsite visit to state-chartered credit union; Matz says rule "levels playing field."
Expanding authority to declare state-chartered credit unions troubled, definition of small credit union on agenda.
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.
The 2012 Temporary Corporate Credit Union Stabilization Fund assessment of 9.5 basis points of insured shares will reduce annualized return on average assets for federally insured credit unions an estimated 8 basis points industry wide, to 0.81%, the NCUA said during its monthly board meeting July 24.
ALEXANDRIA, Va. — Agency cites Increase in redit unions with assets between $250 million and $500 million showing “some degree of financial stress."