NCUA

The tiny Chicago-based CU, with less than $1 million in assets -- is the first credit union failure of 2018.

Louisiana credit union says secondary capital influx helped fuel earnings.

The agency will issue proposed changes to the quarterly financial reporting system for a 60-day comment period. The aim is to streamline the 'backbone' of the regulator's examination data-collection efforts.

Attorney General Jeff Sessions did not keep the rest of Washington apprised of his plan to rescind an Obama-era memo on pot. Now Fincen and other federal banking agencies are dealing with the backlash from that decision.

The Maryland credit union will offer business services to the medical cannabis industry.

J. Mark McWatters of the National Credit Union Administration will have no favorites among community financial institutions.

The Trump administration should not name J. Mark McWatters as head of the consumer agency, given his lack of experience overseeing commercial banks and his leadership of the National Credit Union Administration, a cheerleader for the industry it supervises.

The Trump administration should not name J. Mark McWatters as head of the consumer agency, given his lack of experience overseeing commercial banks and his leadership of the National Credit Union Administration, a cheerleader for the industry it supervises.

In his current position as chair of the National Credit Union Administration, J. Mark McWatters has publicly advocated for cutting back the CFPB’s oversight of the credit union industry.

All three are forbidden from having anything to do with the affairs of a federally insured financial institution.

Executives from across the credit union movement offered a largely positive take on the possible appointment of NCUA Chairman J. Mark McWatters to lead the Consumer Financial Protection Bureau.

J. Mark McWatters, chairman of the National Credit Union Administration, is said to be in contention to take over as director of the Consumer Financial Protection Bureau.

Credit union examiners will be focused on cybersecurity, BSA compliance, fraud prevention and more.

Thirty-nine credit unions will pay fines for filing 5300s after deadline, a three-fold increase over the previous quarter and the highest number of CUs to consent to penalties in over a year.

U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.

The credit union was conserved in order for the regulator to help "correct operational weaknesses."

The Trump administration's first interagency assessment of systemic risk highlighted many of the same worries as previous reports, but added a new emphasis on economic growth and regulatory tailoring.

Delaware-based CU's new charter will allow it to branch out further into the First State, as well as into Maryland.

Alabama-based CU had operated under conservatorship since June.

Mary Anne Bradfield currently serves as chief of staff at the U.S. Small Business Administration.