A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
Although mergers completed in 2013 decreased from 2012, NCUA Economist John Worth said the pace hasn't changed much since 2000.
Read about new hires, promotions, retirement announcements and other career milestones.
The $1.5 billion ORNL Federal Credit Union in Oak Ridge, Tenn., will build a new building and renovate another.
Mary Martha Fortney, who has led NASCUS as president/CEO for 11 years, will retire this year. O'Rourke and Associates chosen as search firm.
The federal regulator approved just 17 mergers in November 2013, lower than previous months and the 23 approved in November 2012.
Daniel Weickenand, CEO of the $531 million Orion FCU in Memphis, Tenn., said low margins and risk forced him to discontinue non-QM loans.
The first female chairman of the Federal Reserve was easily confirmed in the Senate by a 59-26 vote.
Fifteen credit unions now signed up for mobile deposit provided by product created by trio of firms that includes CheckAlt, CUSO CU Wireless and app developer iParse.
Michigan credit union moving core processing to Tennessee-based CUSO.
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