Credit unions that receive garnishment orders for accounts that receive federal benefit payments via direct deposit soon must provide member access.
Designation of insurer would be a change after 150 years of strictly state regulation.
Agency says at monthly meeting that four first-quarter liquidations have cost $75,000 in associated losses.
The NCUA reported March 28 that following a twice-annual review, the highest estimated amount credit unions have yet to pay in corporate assessments has declined by $900 million.
If yours is one of the NCUA’s newly designated low-income credit unions, congratulations.
A legitimate and common complaint regarding the Dodd-Frank Act is that it not only did not resolve too big to fail wherein the taxpayer is on the hook for the missteps of the nation’s largest banks.
NAFCU president responds to NCUA announcement by reiterating agency's need to help credit unions lower expenses.
Agency says reduction in 2013 corporate assessment not in the offing but have passed the halfway point in overall payback.
You're a newly designated low-income credit union, congratulations! You now have access to tools that can be leveraged for growth and aren't available to all credit unions.
Callahan & Associates Chairman Chip Filson said he questions a nearly $2 billion reduction in the NCUA’s Central Liquidity Facility stock reported in October when U.S. Central Bridge was liquidated. Filson also posted a blistering Feb. 28 opinion piece on the Callahan website questioning the NCUA’s financial transparency on the...