NCUA

A recent high-profile news story doesn't paint the National Credit Union Administration chairman in a good light, but some in the industry say it could also lead to positive changes on the board.

Coast-Tel Federal Credit Union is merging into Bay Federal Credit Union on Feb. 1 with the integration expected to be completed by midyear.

During the National Credit Union Administration's monthly meeting on Thursday, Chairman J. Mark McWatters noted that the agency was making progress on hiring more women and minorities.

Sen. Elizabeth Warren questioned the five largest U.S. retail banks in a letter on what they are doing to reduce the impact of the government shutdown on customers.

CUNA and NAFCU both issued letters to the National Credit Union Administration suggesting ways federal credit union bylaws could be amended.

Despite the ongoing federal work stoppage, some scheduled activities are still taking place this week in Washington.

The banking industry is unduly worried that recent credit union deals could open the door for anyone to join.

The banking industry is unduly worried that recent credit union deals could open the door for anyone to join.

Now the third-longest shutdown in history, there are few signs the government will reopen anytime soon, and that's causing problems for lenders.

An “emergency merger” with the troubled Progressive Credit Union gives PenFed — already the nation’s third-largest credit union — the ability to welcome any potential member nationwide.