Regulatory & Compliance

NCUA will propose a second round of corporate rules, releasing the items for comment as early as November, said Deputy Executive Director Larry Fazio.

NCUA's plan to issue bridge charters for seized corporates was crafted to allow all member credit unions to choose whether they want to be part of recapitalization.

Credit Union League of Connecticut President/CEO Tony Emerson didn't have much to say about NCUA's decision to not grant Constitution Corporate FCU a bridge charter.

NCUA's legacy assets plan will create a "good bank, bad bank" structure similar to a strategy previously utilized by FDIC.

NCUA today announced the Temporary Corporate Credit Union Stabilization Fund has been extended to June 30, 2021, with the concurrence of Treasury Secretary Timothy F. Geithner.

NCUA today placed three corporate credit unions into conservatorship: the $7.4 billion Members United Corporate FCU, the $9.5 billion Southwest Corporate FCU and the $1.2 billion Constitution Corporate FCU.