Credit unions should set aside between 8 and 11 basis points for next years assessment to pay for the corporate credit union rescue, NCUA Chairman Debbie Matz advised last week.
While the newly launched Consumer Financial Protection Bureau has received considerable attention and criticism, the focus for most credit unions is on the NCUAs Office of Consumer Protection.
A lawsuit filed more than three years ago arising from a dispute over a credit union to bank charter change attempt is still dragging on through the Texas courts and promising depositions of many involved in the charter change business.
One of the National Credit Union Foundation's more unusual grants this year went to the 28,000-member $201 million asset Carter Federal Credit Union, headquartered in Springhill, La. The foundation provided $25,000 for the credit union to produce financial education trailers that will run before movies at a film camp popular...
Longtime customers of Thrivent Financial Bank, an Appleton, Wis.-based bank with credit union roots, may experience confusion and feelings of dj vu in the coming months as the bank returns to being a credit union.
