Regulatory & Compliance

A last-minute deal that avoided a federal default spared credit unions from having to re-evaluate U.S. Treasury bond values on their books, a calculation other financial institutions had begun to make.

The NCUA on said Oct. 15 its donations to an annual federal employee food drive increased nearly ten-fold from last year.

After almost 10 years covering credit union news, sometimes it seems the same topics come up over and over. Not this week, as new industry issues graced the front page of our paper.

Comment letters responding to an NCUA proposal to create a Dodd-Frank mandated Minority Depository Institution preservation program generally support the effort, but some question the costs and need to create a new program.

Agency says 190 so far this year among federally insured credit unions.

Housing regulator reported to be seeking $6 billion from BoA to settle claims over bad bonds.