by: Keith Leggett
Bank regulators -- Federal Deposit Insurance Corporation, Federal Reserve, and Office of the Comptroller of the Currency - are aggressively pursuing banks for violations of the National Flood Insurance Act.
However, I have not seen the same regulatory zeal from the National Credit Union Administration (NCUA) regarding credit union flood insurance compliance.
In fact, I don't recall NCUA publicly citing any credit unions in recent history for flood insurance violations.
