Regulatory & Compliance

NCUA says plan proposed Thursday came from requests from credit union executives.

Loss of interchange income would impact financial ability to respond to potential fraud and breach cases, CUNA argues.

ALEXANDRIA, Va. — While CAMEL 4 and 5 CUs increased, the percentage of total shares declined, the agency's CFO said Thursday.

ALEXANDRIA, Va. — The NCUA ruled Thursday that federally insured credit unions that are insolvent, in conservatorship or have ratings of CAMEL 4 and 5 are prohibited from offering golden parachutes to executives.

ALEXANDRIA, Va. — Credit unions could prepay between $10,000 and 36 basis points of insured shares toward their assessments to pay the costs of the rescue of corporate credit unions, the NCUA proposed Thursday.

Agency says financial institution is insolvent, executes eighth liquidation of 2011.