The NCUA's estimated 2014 corporate assessment range of zero marked the end of a costly era for federally insured credit unions.
The NCUA's estimated 2014 corporate assessment range of zero marks end of costly bailout.
ALEXANDRIA, Va. — In what was arguably the most important meeting of the year, the NCUA board approved a 6.7% in the 2014 operating budget, no projected corporate assessment for 2014 and a final CUSO rule. All items on the agenda received yes votes of approval from all three board...
ALEXANDRIA, Va. — There will not be a corporate assessment in 2014, the NCUA Board said Thursday.
Industry experts say due diligence can help credit unions avoid losses like those suffered by the $620 million Alabama One Credit Union in Tuscaloosa, Ala., and the Small Business Administration, which were defrauded of more than $3 million by a businessman.
Losses like the $3 million case involving the SBA and Alabama One can be avoided, experts say.
A last-minute deal that avoided a federal default spared credit unions from having to re-evaluate U.S. Treasury bond values on their books, a calculation other financial institutions had begun to make.
After almost 10 years covering credit union news, sometimes it seems the same topics come up over and over. Not this week, as new industry issues graced the front page of our paper.
Washington shutdown, risk-based capital, financial advisers all new topics of interest this week.
Fidelity Investments on Wednesday confirmed an NPR report that the investment giant was no longer holding U.S. Treasury notes that mature in October.