Regulatory & Compliance

NAFCU President/CEO Fred Becker earned $616,890 in total compensation last year, up from $608,759 in 2009, according to a form filed with the IRS.

For the second half of 2010, CUNA paid the salaries of two CEOs.

If current trends hold, the NCUA isn’t likely to have to levy a premium to shore up the NCUSIF this year, and if there is sufficient participation in the prepayment plan, assessments to repay the corporate credit union rescue could be reduced.

OMB official in conference call Thursday says admininstration is "hopeful" that independent agencies such as NCUA will respond.

Argues credit unions "not established to review and evaluate the legality of their members' behavior."

Argues credit unions "not established to review and evaluate the legality of their members' behavior."