The NCUA released an update on its activities at U.S. Central and WesCorp this week, after placing the two corporate credit unions into conservatorship one week ago today.

Today's NCUA corporate update addressed some of the controversies surrounding last week's regulatory actions.

A pair of credit unions using an online account opening solution from MeridianLink said they are seeing an increase in membership.

Scott Polakoff, acting director of the Office of Thrift Supervision has been placed on leave as the Treasury Department continues its probe of how the agency has regulated some federally chartered thrifts, according to media reports.