Credit Union Management

The NCUAs financial literacy regulation for board members seeks to ensure that those delegated to carry out the operations of the credit union have the necessary skills, knowledge and experience. In addition, directors must understand essential accounting principles and correctly interpret their credit unions balance sheets and income statements. These...

GREENBELT, Md. It would stifle innovation and result in the agency having to evaluate things that it doesnt know about.

While the newly launched Consumer Financial Protection Bureau has received considerable attention and criticism, the focus for most credit unions is on the NCUAs Office of Consumer Protection.

A new online banking presence is now in place at Xceed Financial Credit Union after the El Segundo, Calif., completed what it called its Extreme Makeover: Online Banking Edition.

At press time, the fate of the credit union tax exemption was still up in the air.

Whether Nov. 5 will go down as a day everyone will remember remains to be seen.