Find out how political parties and regulatory philosophies mesh at the NCUA when regulators craft proposed and final rules.
How do credit unions balance conflicting objectives to grow loan volume and reduce member debt?
The $653 million Red River Employees Federal Credit Union in Texarkana, Texas, has won approval for a community charter that gives it the right to serve 746,618 potential members in Texas and Arkansas, its consultant said.
The NCUA-approved move will add nearly 750K potential members to $653M credit union's FOM.
Experts cite low delinquency rates, loan and non-interest income revenue growth.
Opinions sometimes differed, but experts told Credit Union Times they agreed that despite continuing challenges posed by regulators and the economy, America’s credit union movement has an excellent prognosis.
New effort will work on a variety of areas.
On July 12 during a general session at NAFCU’s Annual Conference in Boston, NCUA Chairman Debbie Matz revealed some new details regarding a rule under development that would increase net worth requirements for credit unions with more than $50 million in assets.
Fred Becker's health scare, risk-based net worth rule, impact of merger rule and more ... check out the bottom lines here.
Last week Credit Union Times, via CUTimes.com, broke the story that former Oregon Senator Rick Metsger was going to the be the White House’s nominee to fill the vacant seat on the NCUA Board, later confirmed by the administration.