Regulatory & Compliance

Agency orders $7 million CU to take three steps to remedy problems in its operations.

MIT economist blocked by Republican senators who say Nobel winner not qualified for job; Diamond says "we should all worry."

View varies from credit union industry leaders who say proposed new rules are too restrictive.

Proposed regulations governing incentive-based compensation punish credit unions, and the NCUA has provided inadequate rationale for its rules.

In a courtroom in the U.S. District Court for the District of Columbia last week, the NCUA tried to convince a federal judge to let it continue conserving Vensure Federal Credit Union.

Credit unions probably won’t have to pay a premium for the NCUSIF, but the NCUA is still trying to encourage them to part with more of their money.