Those are among the red flags raised in the early comment letters filed with the NCUA on the proposed corporate credit union rules that the NCUA sent out for comment last month.

Persons who missed or want to hear again the NCUAs Nov. 9 webinar on indirect lending can access the archived version on the agency's website.

For Elizabeth Warren, the former Harvard Law School professor helping to set up the new consumer regulator, thriftiness is very much her cup of tea.

Credit unions with assets of $40 million or less will in 2011 be exempt from the collection and reporting requirements under the Home Mortgage Disclosure Act, as a result of a rule issued by the Federal Reserve Board.

A Senate-passed bill allowing the NCUA to make payments to the Temporary Corporate Credit Union Stabilization Fund without borrowing from the Treasury Department could be taken up by the House tomorrow.

House Financial Services Committee Chairman Barney Frank expressed concern to the Federal Reserve that regulations limiting interchange fees could increase the regulatory burden on credit unions and other small financial institutions.

Credit unions will have to wait until next year to expand member business lending following yesterday's unsuccessful effort by Sen. Mark Udall to bring up the legislation in the waning days of the lame duck Congress.

ALEXANDRIA, Va.--NCUA Chief Financial Officer Mary Ann Woodson today told the board that in November for the first time this year there were declines in the number of troubled credit unions.