NCUA

The agencies recommend steps financial institutions should take to proactively prevent disruption of operations, minimize contact between staff and consumers, and plan for how affected employees reenter the workplace, among other things.

The credit union regulator’s Office of the Inspector General outlined two former employees’ alleged carousing during work hours, the second high-profile scandal to hit the agency in just over a year.

Membership growth is slowing and expenses are up. But it's not all bad news.

The regulator barred nearly a dozen former credit union employees from working with any financial instiutiotn following charges of theft, embezzlement and more.

Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity.

National Credit Union Administration board member Todd Harper also emphasized the risks of poor succession planning during remarks on Wednesday.

The debate centers on whether guidance on credit union-bank mergers is necessary.

Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity.

The regulator completed a thorough process, which included ensuring investors would treat borrowers well, before settling on a buyer.

NCUA board member Mark McWatters defended the agency's position on credit union-bank purchases and called out the ongoing sniping on both sides of the argument.