Regulatory & Compliance

Challenges can be turned into opportunities. Look how some credit unions are taking advantage of the banking crisis to get their brands in front of consumers.

WASHINGTON — Comparing her agency to a police officer that prevents bad drivers from hurting good ones, NCUA Chairman Debbie Matz said the agency's strong enforcement saved the insurance fund about $1.5 billion.

Wisconsin's Office of Credit Unions closed the Wisconsin Heights Credit Union of Ogema, Wisconsin and appointed NCUA as its liquidator.

Wisconsin's Office of Credit Unions closed the Wisconsin Heights Credit Union of Ogema, Wisconsin and appointed NCUA as its liquidator.

Two more credit union CEOs, one from Rapid City, S.D., and the other from Duluth, Minn., will be filling the so-called outreach slots on one of those Federal Reserve Board Advisory panels made of community bank and CU leaders serving district banks.

The initial reviews are in from the meeting this week between credit union CEOs, community bank CEOs and top brass of Federal Reserve banks, and so far the assessment of what was discussed on everything from interchange to Fannie/Freddie status was favorable.