by Keith Leggett Bravo to Credit Union Journal for examining the travel-related expenses of the NCUA Board members. According to data obtained from a Freedom of Information Act request, Credit Union Journal found that in [...]
by Keith Leggett NCUA's Office of the Inspector General (IG) released a report on the failure of Eastern New York Federal Credit Union. As of September 2012, the estimated loss to the NCUSIF was approximately $[...]
Is Navy Federal Credit Union a nonbank systemically important financial institution (SIFI)? Dodd-Frank Act requires designated nonbank SIFIs to be supervised by the Board of Governors and subject to prudential standards. Title I of [...]
The number of problem credit unions, as well as shares (deposits) and assets in problem credit unions fell during the third quarter. A problem credit union is defined as having a CAMEL code of 4 [...]
On December 13, 2005, Representative Jeb Hensarling (R -TX) requested that the Government Accountability Office (GAO) investigate how the National Credit Union Association (NCUA) addresses the conversion of federally insured credit unions to mutual savings [...]
The NCUA Board is proposing to raise the asset threshold for a small credit union from less than $10 million in assets to less than $30 million in assets. It is also proposing to exclude [...]
Conserved Trinity Credit Union of Trinidad, Colorado was merged into Power Credit Union of Pueblo, Colorado. The Colorado Division of Financial Services placed Trinity Credit Union into conservatorship July 27 and appointed NCUA as conservator. [...]
