NCUA

As NCUA continues work on creating another avenue for building capital, credit unions need to bone up on what the different terms mean and the potential impact.

A recent op-ed got it wrong when it questioned the National Credit Union Administration’s actions to modernize credit union field of membership rules.

A recent op-ed got it wrong when it questioned the National Credit Union Administration’s actions to modernize credit union field of membership rules.

The nation’s largest state set out to bring a once-illicit industry into the financial mainstream but is now running into a Washington, D.C.-size barrier.

Expanding the definition of a credit union's "common bond" so that it is essentially meaningless appears to be the direction the industry and its regulator are headed.

Expanding the definition of a credit union's "common bond" so that it is essentially meaningless appears to be the direction the industry and its regulator are headed.

National Credit Union Administration Chairman J. Mark McWatters said dropping Consumer Financial Protection Bureau oversight of credit unions would free up CFPB resources.

In a letter to CFPB Director Richard Cordray, NCUA Chairman Mark McWatters said dropping CFPB oversight of credit unions would free up CFPB resources to better police larger, for-profit institutions, while also extending a hand for a potential partnership.

The brief supporting field of membership expansion — in the face of a lawsuit by the American Bankers Association — is a sign of continued collaboration between CUNA and NAFCU.

J. Mark McWatters, now the 10^th NCUA chairman, was named acting NCUA chairman following President Trump’s inauguration.