Former NCUA board member says the agency does not need any new employee positions.
Internal fraud as the largest source of credit union losses is nothing new.
Strong internal controls are just one source of prevention.
The CEO of the nation's second largest credit union and a bank lobbyist join forces.
NCUA Board Member Fryzel responds to a recent CU Times column bemoaning Washington and rulemaking.
Some asset classes in the NCUA's risk-based capital proposal, like consumer loans, have better risk weights than Basel III.
A $306M credit union files 52 letters. CUSO CU*Answers files 129.
The proposal's 250% risk weight assigned to investments in CUSOs would discourage credit union funds.
NCUA Board Member Michael Fryzel provides a behind-the-scenes look at the rule's development and explains his no vote.
The $14.3 million Mayfair FCU has been losing money; fourth conservatorship this year.