Regulatory & Compliance

Crippled by mounting commercial loan losses, the $1.6 billion Texans Credit Union was placed in conservatorship on April 15 by the NCUA.

I took last week off to work around the house, and one of the many things I did was wander the aisles of the local Home Depot. I ended up in the landscaping area with the colorful, eye-catching plants.

Add Pete Crear, president /CEO of the World Council of Credit Unions, to the growing list of leaders retiring from the credit union industry

LAS VEGAS — The NCUA said Wednesday it wants to do all it can to keep an S&L-like crisis from occurring within the credit union industry.

LAS VEGAS — NCUA Board Member Gigi Hyland said Wednesday the agency needs more authority in dealing with CUSOs to help prevent credit union failures.

Board's May 4 meeting is fourth special session of the year, this one to consider "supervisory activities."