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The NCUA board decided that keeping track of the bonds it has issued as part of the corporate stabilization effort has grown so complex that the agency has decided to hire a committee to oversee it.
Following two years of modest but positive economic growth, the past few weeks have been unsettling. The U.S. government came unnervingly close to a self-induced default. Real sovereign debt crises at a number of European countries threaten another banking crisis in Europe.
Following two years of modest but positive economic growth, the past few weeks have been unsettling.
Four of the agency's corporate bond issues lose AAA rating.
Regulators issue joint statement downplaying effect; CU Prosper CEO agrees.
PORTLAND, Ore. — Buying and selling loans on the SBA secondary market is still unfamiliar territory for many credit unions.
“In order to win, we need to be perfect. For a malicious party to win, he needs only to exploit one mistake.”
Credit unions should continue to throw themselves body and soul into fighting a looming cap on debit card interchange, but should do so without any significant expectation that they will succeed.
The nation's two nationwide shared branching networks took large strides into member service and mobile banking with two announcements at CUNA's Governmental Affairs Conference last week.