Minnesota Credit Union Network hosts credit union delegation from Paraguay to share insights on operations and regulatory systems.
Topics include economy, FSOC annual report and corporate assessments.
The FDIC has issued a letter warning banks against charging customers an “FDIC fee” to compensate for deposit insurance assessments.
Credit unions that converted to a bank charter to escape NCUSIF assessments may be disappointed by an FDIC report presented to its Board of Directors this week.
I recently received an email from a group of Washington lawyers who ply various trades of a legal nature, including trying to convince credit unions that switching to a mutual charter (with the not-so-subtle understanding of a later move to stock) would be a great idea.
Massachusetts credit unions can now accept deposits above the $250,000 insurance limit under a new law that went into effect last week.
In 1997, the Treasury Department performed a study aimed at improving credit unions.
Federal accounting rules, deteriorating securities and an increasing corporate bailout price tag are hurdles the NCUA will have to overcome in its quest to rid corporates of toxic investments.
Banks paying executives salaries that are deemed to encourage risky financial activities would be levied a higher premium by the FDIC, according to the provisions of a proposed regulation that the agency sent out for comment today.