NCUA

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

Two former credit union employees were banned as the result of theft and other claims from the NCUA board.

As the U.S. undergoes a dramatic demographic shift, credit unions must be proactive to ensure their employees represent the communities they serve.

The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.

Recent data from NCUA showed a lot of positives for the industry, but it also revealed some potentially worrisome trends.

The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.

With control of the House changing hands in January, credit unions are set to shift their focus from regulatory relief to cybersecurity and fighting CRA.

One week after NCUA filed its own appeal brief, three major organizations banded together in support of the expanded field-of-membership rule

The National Credit Union Administration board voted to decrease the normal operating level for the share insurance fund in addition to prioritizing alternative capital as part of its regulatory reform.

The legislation follows passage of a similar bill in the House and would push back implementation of NCUA’s risk-based capital rule to 2021.