NCUA

With its CEO planning retirement, tiny Coast-Tel Federal Credit Union is seeking approval to merge into Bay FCU.

Currently running for a fourth term in Congress, former credit union employee Denny Heck is a vocal proponent of changes to NCUA's risk-based capital rule and other industry priorities.

The storm could impact as many as 57,000 homes and cause more than $13 billion in damages, according to one estimate.

The late-filing credit unions will pay a total of about $4,100 to the U.S. Treasury.

Credit unions in the Great Lakes State continued to add members in Q2 while a variety of loan types saw double-digit growth.

Analysts are split on whether cyber threats have evolved enough for lawmakers to finally grant the National Credit Union Administration third-party vendor oversight.

National Credit Union Administration Chairman Mark McWatters called on lawmakers to further expand field-of-membership options for CUs and to permit the regulator to oversee third-party vendors, including fintech partners.

As NCUA Chairman Mark McWatters heads to Capitol Hill, credit unions are facing new threats at the ATM and CU trade groups are writing big checks in advance of midterm elections.

NCUA liquidated LOMTO Federal Credit Union following years of significant losses due to poorly performing taxi medallion loans.

At least six Trump administration picks to fill financial posts are still pending, but the bitterly partisan divide over Judge Brett Kavanaugh has taken up most of the energy in Congress.