After he read the recent statements issued by NCUA, Dave Chatfield said there is just one conclusion: the regulator intends to block mergers of Tier One corporates.

ALEXANDRIA, Va. -- The number of troubled credit unions remained about the same in January, NCUA CFO Mary Ann Woodson told the agency's board today.

ALEXANDRIA, Va. -- Credit unions with assets $1 billion or more would have to file an annual report on incentive-based compensation programs and couldn't have any such programs that encourage exposure to inappropriate risks.

A credit union executive testifying on behalf of CUNA before the House Financial Services Committee charged that the exemption meant to protect small asset debit card issuers from an interchange cap was essentially "meaningless."