News

The NCUA's corporate legacy asset plan may not be made public until September, Chair Debbie Matz told a Town Hall webcast audience of 1,100. The event began at 3 p.m. Eastern Time and is expected to run 90 minutes.

The death of West Virginia Democratic Senator Robert Byrd this morning has left it unclear when, or perhaps if, the current financial regulatory reform package passes from Capitol Hill this week.

Until they see sustained signs that the economy is recovering, small businesses owners are avoiding purchasing and leasing new equipment and taking on new debt.

NCUA Director of Congressional and Public Affairs John McKechnie said the agency's decision to place Arrowhead Central Credit Union executives on paid leave, rather than dismiss them, is not unusual, particularly while the NCUA is reviewing operations.

To assure plan sponsors that the investment options in one of its 401(k) programs have been thoroughly screened and monitored, CUNA Mutual Group has formed a five-person committee to make it happen.

PSCU Financial Services is being lead by a team of executives put in place while former long-term CEO David Serlo was on medical leave while its board conducts a search for a new CEO.