The NCUSIF should be allowed to offer identical insurance coverage of noninterest bearing transaction accounts as the FDIC, NCUA Chairman Debbie Matz wrote in a letter to House Financial Services Committee Chairman Barney Frank.

The NCUA Board will hold a special closed meeting to discuss unspecified "supervisory activities" next Thursday, the agency announced today.

For some credit unions, it may be taking longer to fill senior lending positions because candidates may lack the ability to think strategically, said Bill Vogeney, secretary and treasurer for the CUNA Lending Council.

Credit unions need to be more tough-minded on loan modifications, willing to say "no" but still look for ways to accommodate borrowers with alternative products, a Florida regulator told CU executives Wednesday.