News

NCUA Chairman Debbie Matz will be one of the panelists on an SEC roundtable on how the potential for money market funds may pose a systemic risk to broader financial markets

According to the agency’s Officer of Inspector General, poor investment decisions by executives and volunteers and inadequate oversight by the NCUA were the key factors in the heavy losses at Members United Corporate Federal Credit Union that caused the NCUA to have to conserve it,

A dramatic shot of the April 27 Alabama tornado across the street from a branch of the $520 million Listerhill CU was released Tuesday following the photo’s appearance on a teller’s Facebook page.

CUNA and NAFCU want the complaint process at the new consumer bureau to be less burdensome for credit unions and not publicize unwarranted complaints against financial institutions.

GREENBELT, Md. — Saying that the NCUA and other regulators are marching toward “regulatory extremism,” the leader of a movement aimed at pressuring Congress to make changes to the NCUA last night outlined the extent of his frustrations with the status quo.

The total number of auto loans originated in January 2011 is up nearly 24% over January 2010 originations, according to Equifax’s National Credit Trends Report for March 2011.