Seven members were selected to serve three-year terms on a panel that provides information and advice to the Federal Reserve Board on domestic and international insurance issues, the Fed announced Thursday. The seven members include […]
A fourth set of proposals to reduce credit union regulation was issued Tuesday by the federal regulator, focusing on non-member savings accounts, cancellation of supplemental deposit insurance, maximum borrowing authority and disclosure of savings insurance […]
The federal credit union regulator announced its top leaders and staff in a release Monday. National Credit Union Administration (NCUA) Board Chairman Kyle Hauptman, a Republican, has been the agency’s lone board member since President […]
Fees paid by credit unions in 2026 to fund their federal regulator will fall by an average of 24.6%, the agency said Friday, calling this the result of reductions in staffing, rearrangement of expenses and […]
The $16.5 million-in-assets Beverly Hills City Employees Federal Credit Union, Beverly Hills, Calif., was conserved Thursday by the National Credit Union Administration (NCUA), the agency said in a release. In its announcement late Thursday, the […]
A proposal that would permit reimbursement or direct payment to federal credit union volunteer officials for dependent care was discussed Thursday during an open meeting of the National Credit Union Administration Board, which currently includes […]
The federal liquidity facility for credit unions will have a budget of about $2.032 million in 2026 and $2.093 million in 2027, according to information released Thursday for the federal credit union regulator’s open board […]
Two banks for auto manufacturers Ford and General Motors were both granted deposit insurance, on a conditional basis, by the federal bank deposit insurance agency Thursday; the banks have one year to be established, the […]
A new supervisory appeals office – which will include a banker on its review panels — will be the final level of review of “material supervisory determinations,” independent of divisions that make supervisory determinations, the […]
Resolving “issues affecting the credit union’s operations” was the stated basis for conservation of a small Arkansas credit union late last week, the federal regulator said, and indicated member services would now be provided by […]
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