ALEXANDRIA, Va. — NCUA to impose the lowest corporate assessment on credit unions since making their first payment in 2009.
There are more signs that consumers are back at the dealerships where they’re not only buying new vehicles but signing leases as well.
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.