NCUA

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.

Three different methodologies will be tested in the pilot program, which is expected to last about three years.

The credit union stalwart purchased Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.

CUNA Mutual, a service provider to credit unions, recently bought Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.

The National Credit Union Administration will hold its final open board meeting of 2018 this week, amid a host of other regulatory and legislative activity.

The regulator claimed Congress has already granted it the authority to define field-of-membership areas.

According to data from the NCUA, the industry had double-digit increases in several key metrics even as the number of institutions continued to decline.

Hearings of interest to credit unions have been postponed as the government prepares to close for a day of mourning following the death of President George H.W. Bush.

The National Credit Union Administration and other federal regulators said in a joint statement that they will take an institution's level of innovation into account in supervising its anti-money-laundering procedures.

The federal regulators said in a joint statement that they will take a bank's level of innovation into account in supervising its anti-money-laundering procedures.

The credit union also reported increases in loans and membership.

The federal regulator issued bans related to theft and other charges.

Andrew Leventis will take over for Ralph Monaco, who is retiring in December after seven years with the regulator.

California-based America's Christian Credit Union's efforts earned it a 2018 Best Practices Award.