CUNA and NAFCU refute a Wall Street Journal article critical of credit union asset management.

Of the nine prohibition orders issued last month by the NCUA, three were former employees of the $65 million Valley Credit Union in Tuscumbia, Ala.

Mortgage originations dropped sharply in the first quarter of 2014 from one year prior, according to data released by the NCUA last week.

Four credit unions have announced core processing conversion completions or commitments in recent days.