News

Still working under a state order and a loan from its private insurer, Silver State Schools Credit Union is back in the black.

Add Pete Crear, president /CEO of the World Council of Credit Unions, to the growing list of leaders retiring from the credit union industry

LAS VEGAS — NCUA examiners hired specifically to examine CUSO operations and portfolios may be one way to spot red flags, an NCUA official says.

LAS VEGAS — The NCUA said Wednesday it wants to do all it can to keep an S&L-like crisis from occurring within the credit union industry.

LAS VEGAS — NCUA Board Member Gigi Hyland said Wednesday the agency needs more authority in dealing with CUSOs to help prevent credit union failures.

Board's May 4 meeting is fourth special session of the year, this one to consider "supervisory activities."