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Kevin Brauer, Members United Corporate FCU's executive vice president, member relations, said corporate capital has historically been adequate to weather previous economic cycles.

The NCUSIF's reserve balance was $5.3 billion last month and the fund lost $2.5 million in income, NCUA Chief Financial Officer Mary Ann Woodson told the board today.

WASHINGTON -- Corporate credit unions would have to keep a 5% core capital leverage ratio to be considered well capitalized under rules that the NCUA plans to discuss later this year, NCUA Chairman Michael E. Fryzel told lawmakers today.

While raising the 12.25% member business lending threshold has been a front burner issue for the credit union industry for some time,

Director travel expenses are an internal issue based on credit unions' own net numbers, the chairman of the New Jersey Credit Union League, Shawn Gilfedder, said Wednesday regarding a pending whistleblower's suit against First Jersey CU.

Brad Barnes, vice president of finance at Air Academy Federal Credit Union, said he expected the NCUA to "make their next big announcement" or face a firing squad of tough questions from CUNA CFO Council conference-goers.