NCUA

A former employee of Member's 1st Federal Credit Union was accused of stealing more than $19,000.

The National Credit Union Administration generally only approves a handful of charters each year, but sustained economic troubles are likely to make launching a new institution even more challenging.

To shore up the share insurance fund, the National Credit Union Administration would be wise to give the industry additional temporary investment options.

A historic influx of deposits has brought the National Credit Union Share Insurance Fund’s equity ratio close to the point where premiums would be required, but the regulator’s plan is intended to boost it.

Second-quarter figures from the credit union regulator paint a grim picture for many states across a variety of key earnings metrics.

More than 160 institutions will use the money to help members weather the coronavirus by offering new products and providing help with loan payments.

Two board members for the credit union regulator spoke during a NAFCU event, highlighting liquidity issues, plans for new departments at the agency and more.

It's unlikely that lawmakers will pass new coronavirus-related legislation before Congress leaves for its October recess.

For all the damage from the pandemic and economic downturn, this crisis has not impacted liquidity. Lawmakers would be foolish to permanently alter the Central Liquidity Facility.

A trio of small credit unions designated as minority depository institutions have been matched with larger institutions to improve outreach to low-income and underserved consumers.