The NCUA Board approved a revised risk-based capital rule at the agency's Jan. 15 board meeting, which reduced the number of credit unions subject to the new capital requirements and lowered the well-capitalized standard by 0.5%.
Read about new hires, promotions and several awards and honors received in the credit union industry.
Chairman Debbie Matz schedules a board vote affirming Vice Chairman Rick Metsger's appointment.
LAKE BUENA VISTA, Fla. — NCUA Board Member Rick Metsger and three NCUA staffers spoke on rules affecting CUSOs to a packed house.
Security programs, loans in flood zones and other rules among agency's rolling review of all regulations for federal credit unions.
The three regulatory attorney new hires are in response to increased regulatory assistance demand from members, NAFCU CEO Berger says.
NCUA OIG report on $7M NCUSIF loss says regulator should ask Congress for access to independent audit reports, circumventing credit union management.
Is loan regime split dollar snake oil or liquid gold? How is a board to know? If it works, LRSD is a powerful tool for compensating key executives and preserving credit union assets. If it doesn’t work, the costs to the credit union and the participating executives are high.
Four of five hit this week with agency bans stole from credit unions where they were the sole employees.