More than 2,600 credit unions will split $178 million in two payouts by their federal regulator, the legacy of actions to resolve the failures of “corporate” credit unions more than 10 years ago, the agency […]
Nearly $400 million will be distributed among 1,500 credit unions – with about 80% of the distribution going to about 400 of the institutions – by the end of next month, their federal regulator said […]
The agency’s annual strategic and performance plans will be up for consideration at the next meeting of the federal credit union regulator’s board March 17, the agency said Thursday. The board of the National Credit […]
More than $560 million will be distributed to more than 2,100 credit union shareholders by their federal regulator, the agency said Monday, in capital and dividends from conserved “corporate” credit unions. The distributions are expected […]
More than $865 million will be distributed by September to credit unions that were account holders at three failed corporate credit unions as the federal credit union regulator closes its program to resolve the institutions, […]
Final rules on subordinated debt and corporate credit unions – and a proposed rule on risk-based net worth, COVID-19 regulatory relief – are scheduled to be published in the Federal Register Tuesday, which opens the […]
A final rule updating the federal credit union regulator’s corporate credit union regulation is set to take effect Dec. 14, according to a notice Thursday in the Federal Register. The final rule, approved by the […]
A final rule intended to update, clarify, and simplify the agency’s regulation on corporate credit unions – including their investment in credit union service organizations (CUSOs) – was issued by unanimous vote Thursday of the […]
A proposed rule on derivatives and a final rule on corporate credit unions are the key regulatory actions slated for the National Credit Union Administration (NCUA) Board’s open meeting Oct. 15, according to an agenda […]
Some credit unions are on the cusp of receiving an estimated nearly $3 billion in distributions of membership capital, paid-in capital and liquidating dividends resulting from the liquidations of five failed corporate credit unions, outgoing […]
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