Chartering new credit unions requires commitment and effort, and regulatory burdens are a leading drawback.
The NCUA's estimated 2014 corporate assessment range of zero marked the end of a costly era for federally insured credit unions.
The NCUA's estimated 2014 corporate assessment range of zero marks end of costly bailout.
ALEXANDRIA, Va. — In what was arguably the most important meeting of the year, the NCUA board approved a 6.7% in the 2014 operating budget, no projected corporate assessment for 2014 and a final CUSO rule. All items on the agenda received yes votes of approval from all three board...
Settlement resolves suits over corporate credit union failures.
The NCUA on Sept. 23 filed nine federal lawsuits in New York against eight banks over the sale of nearly $2.4 billion in mortgage-backed securities to failed corporates Southwest Corporate Federal Credit Union and Members United Corporate Federal Credit Union.
Agency action in New York federal court on same day as NCUA goes after 13 global banks in Libor price-fixing scandal.
Megan Brown isn’t the first woman to get pregnant and exit corporate life, frustrated and finished with the “rat race.” But she is among the minority to have climbed the ranks of Wall Street – accepting, and actually loving, being a woman in the dog-eat-dog world of a not-so-female-friendly industry...
The NCUA reported April 2 that it scored a $165 million win against Wall Street, reaching a settlement with Bank of America over residential mortgage-backed securities losses at failed corporate credit unions. Bank of America did not admit fault as part of the settlement, the NCUA said in a release.
Years ago before my time in credit unions, CUNA and NAFCU decided one would hold its Governmental Affairs Conference at the beginning of the congressional session and NAFCU would target the end. The lines have blurred some and lobbying receives more emphasis on the whole.