Credit Union Times | Accurate and Timely CU News

On-Site Coverage: NCUA Board Told CAMEL 4, 5 Credit Unions Increased Last Month

By Claude R. Marx

ALEXANDRIA, Va. — While CAMEL 4 and 5 CUs increased, the percentage of total shares declined, the agency's CFO said Thursday.

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More CUs Optimistic About Small Business Growth

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More CUs Optimistic About Small Business Growth

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May 19, 2011

On-Site Coverage: NCUA Approves Golden Parachute Ban for Executives at Troubled CUs and Ad Rule Changes

ALEXANDRIA, Va. — The NCUA ruled Thursday that federally insured credit unions that are insolvent, in conservatorship or have ratings of CAMEL 4 and 5 are prohibited from offering golden parachutes to executives.

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May 19, 2011

On-Site Coverage: NCUA Proposes Prepayment Plan for Corporate Assessments

ALEXANDRIA, Va. — Credit unions could prepay between $10,000 and 36 basis points of insured shares toward their assessments to pay the costs of the rescue of corporate credit unions, the NCUA proposed Thursday.

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May 19, 2011