NCUA

A potential government shutdoown looms over a busy week in Washington that includes the National Credit Union Administration's monthly board meeting.

Michael Athens was the Albuquerque, N.M.-based institution's vice president of operations before serving as interim president and CEO.

The Senate Banking Committee will examine the nomination of Mark Calabria to oversee the regulator of Fannie Mae and Freddie Mac, as well as nominees for the NCUA board and Treasury.

Credit unions are feeling good entering February, following a new nomination to the NCUA board, positive job growth and more.

Harper, a former staffer at the agency, would bring the board to full capacity for the first time in nearly three years if confirmed.

The former chief executive at Everglades FCU is banned from any involvement in federally insured financial institutions.

With the government functioning again, Congress may finally turn its attention to credit union priorities.

After a nearly $100,000 loss in 2018, $30 million-asset Alliance Blackstone Valley Federal Credit Union is set to merge into Rhode Island CU and its network of branches across the state.

In 2017, the National Credit Union Administration board approved provisions to make mergers more transparent. But one of those changes has become a casualty of the government closure.

The $1.9 billion-asset Schools Financial Credit Union has plans to merge into SchoolsFirst, which is already the largest credit union in California.