Mark the calendar: The NCUA aims to turn off the lights at the conserved U.S. Central Bridge no later than Dec. 31, 2012, and now it has announced the specifics of its plan.

Transaction processor Lending Tools on Monday told Credit Union Times in an exclusive interview that it had signed a significant number of corporate credit unions to binding agreements.

Legal fireworks continue to explode in the Los Angeles courtroom of Judge George H. Wu as the onetime top officers of WesCorp and the NCUA wrangle over the extent to which the regulators monitoring of the actions of WesCorp officials can be used as an excuse that saves them from...

Audits typically are prosaic matters, filed by accountants, read by accountants and swiftly forgotten. Not so the recent audit of NCUAs Temporary Corporate Credit Union Stabilization Fund, announced by the agency on Dec. 27, a day when many are on vacation.

Consultancy says global survey suggests willingness to pay for social media, electronic wallet services.

With the release to memos from the NCUA and U.S. Central, corporates are getting a better idea of how the corporates' corporate will wind down, and they're ready.

The NCUA today announced its plans for winding down US Central by yearend.

Many U.S. Central services will have new requirements starting Jan. 12, while wires will be discontinued as of March 30 and automated settlement transactions will be discontinued as of May 31.