The NCUA Board may vote in June on whether to separate corporate CU assessments from those that cover natural person credit union losses, Chairman Debbie Matz told Wisconsin Credit Union League members.

NEW ORLEANS -- After regulators told TruWest Credit Union to either reach positive ROA by June or budget using last year's expenses, TruWest Credit Union Senior Vice President Jason Scott made the difficult choice to eliminate 12 full-time positions.

NEW ORLEANS -- Representatives from four credit unions that were involved in mergers or acquisitions shed some light on the closed-door and detailed process during a CUNA CFO Council session.

NCUA Deputy Executive Director Larry Fazio told the Board yesterday his team already has "solid estimates" on the size of corporate loss exposure and other corporate stabilization expenses, and is on target to recommend an assessment figure this summer.

World Council of Credit Unions has been invited to comment on a G-20 proposal to increase financial services access to the world's poor.

NEW ORLEANS - CUNA will prepare a corporate loss estimate report that will be made public within the next two months. Chief Economist Bill Hampel made the announcement this morning during the trade's CFO Council Conference general session.

NEW ORLEANS - Credit unions are experimenting with leasing small spaces for mini-branches, rather than buying or constructing larger locations.

The $9.5 billion Members United Corporate Federal Credit Union released its April 2010 and year-end 2009 audit today, reporting additional OTTIs that will impair member capital shares by 97%.