News

SunCorp announced it has signed Oregonians Credit Union.

SunCorp announced it has signed Oregonians Credit Union.

Florida's Pen Air Federal Credit Union made it official this week that President/CEO Ron Fields has formally resigned with David Tuyo, chief financial officer, serving as interim CEO.

The NCUA board approved a rule Thursday requiring FCUs to have written loan workout policies and calculate and report troubled debt restructuring loan delinquency based on restructured contract terms.

The NCUA board approved a rule Thursday requiring FCUs to have written loan workout policies and calculate and report troubled debt restructuring loan delinquency based on restructured contract terms.

Sources tell Credit Union Times that approval expected from NCUA Board, with West Virginia Corporate vote set for next week.