NCUA

More than 20 banks have been sold to credit unions. A prominent banking lawyer made the case at this year's ICBA convention that banks can become more aggressive acquirers.

Recent data from the National Credit Union Administration breaks down which states surged and which states struggled in 2018.

Revised legislation would exclude credit unions from Community Reinvestment Act requirements, but could make the National Credit Union Administration the de facto enforcer of how CUs meet the needs of underserved markets.

The regulator's governing body has been short-handed since former chairman Debbie Matz stepped down in April 2016.

The National Credit Union Administration board held its monthly open board meeting Thursday – likely board member Rick Metsger's last hearing with the panel before two new members join.

J. Mark McWatters, chairman of NCUA, and Rick Metsger, a board member, also said that Congress should give the agency more authority over field of membership for underserved areas.

The San Diego-based credit union’s membership grew at double the national average.

The proposed legislation would ease restraints on loan maturity limits.

The National Credit Union Administration will return the money to credit unions after having lowered the agency's normal operating level last year.

The league will work with Quatrro Processing Service to provide member credit unions with access to emerging technologies to combat fraud.