Regulatory & Compliance

The NCUA has scheduled a closed board meeting for Tues. Aug. 3 at 8:30 a.m.

Former Lafayette Federal Credit Union CEO Bill Brooks said he thinks Arrowhead Central Credit Union's board should have filed a formal objection to the NCUA's June 25 conservatorship.

NCUA Chairman Debbie Matz attended the first meeting of a committee that will probably cause her agency to lose personnel.

Will the NCUA seize the $35.7 million Certified FCU, which tumbled to -17.11% net worth as of June 30?

In separate statements, the NCUA and the $5.6 billion Security Service Federal Credit Union of San Antonio the failed $130 million Norbel CU of Fort Collins, Colo. has been officially merged into SSFCU.

An uptick in the SBA's 7(a) loans has helped the agency's secondary market increase lending activity.