Enforcement actions against credit unions increased for the fifth straight year in 1993, according to the National Credit Union Administration.

In the agency's annual report to Congress, the NCUA said it issued 34 prohibition orders, eight permanent cease-and-desist orders, and five civil money penalties last year.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.