Search for: "National Credit Union Administration"
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10 Apr 2019, 5:00 am
An audit conducted by the National Credit Union Administration showed a history of loss of $40.5M. [read post]
20 Mar 2009, 8:36 pm
Central Federal Credit Union of Lenexa was placed into conservatorship by the National Credit Union Administration. [read post]
8 Aug 2013, 2:00 am
The Regulatory Relief for Credit Unions Act would: Allow the credit union’s prudential regulator, the National Credit Union Administration (NCUA), to grant federal credit unions a waiver to follow a state rule instead of a federal one in certain situations; Establish a risk-based capital system for credit unions akin to that of other depository institutions; Authorize the NCUA to step in… [read post]
17 Dec 2008, 5:26 pm
Reuters reports here that the Fed, the Office of Thrift Supervision, and the National Credit Union Administration are expected to adopt the regs, which run about 1,000 pages, tomorrow. [read post]
22 Mar 2011, 6:32 am
Like failed banks, the D'Oench, Duhme doctrine applies to claims against the National Credit Union Administration Board ("NCUAB") acting as liquidator for a failed credit union. [read post]
21 Jan 2013, 6:12 am
Absent an exception from the National Credit Union Administration (NCUA), credit unions are not permitted by law to have outstanding member business loans exceed 12.25% of their assets. [read post]
30 Jun 2017, 9:01 am
Colorado offers the additional benefit of being among the few states to provide a mechanism for allowing state-chartered credit unions to obtain share insurance (comparable to FDIC deposit insurance for banks) from a private insurer rather than from the National Credit Union Administration (NCUA). [read post]
30 Jun 2017, 9:01 am
Colorado offers the additional benefit of being among the few states to provide a mechanism for allowing state-chartered credit unions to obtain share insurance (comparable to FDIC deposit insurance for banks) from a private insurer rather than from the National Credit Union Administration (NCUA). [read post]
2 Mar 2011, 2:34 pm
"NCUA [National Credit Union Administration] is proposing rules to implement certain statutory provisions in Title IX of the Dodd-Frank Wall... [read post]
9 Oct 2018, 10:00 am
On October 3, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency and the U.S. [read post]
23 Aug 2011, 1:28 pm
In its fifth MBS lawsuit seeking what is now totaling to be nearly $2 billion in compensatory damages for wholesale credit union members, the National Credit Union Administration (NCUA) wants $491 million in compensatory damages from Goldman Sachs. [read post]
22 Apr 2009, 4:04 pm
News release: "The Federal Reserve Board, the Office of Thrift Supervision, and the National Credit Union Administration today proposed clarifications... [read post]
26 Jul 2011, 4:29 pm
The National Credit Union Administration has filed a $629 million securities fraud lawsuit against RBS Securities, Wachovia Mortgage Loan Trust LLC, Nomura Home Equity Loan Inc., Greenwich Capital Acceptance Inc., Lares Asset Securitization Inc., IndyMac MBS Inc., and American Home Mortgage Assets LLC. [read post]
4 Sep 2023, 12:20 pm
To register a customer complaint, contact the National Credit Union Administration. [read post]
30 Sep 2013, 8:22 am
On September 23, the National Credit Union Administration (as liquidator for the Southwest Corporate Federal Credit Union and Members United Corporate Federal Credit Union), filed nine separate suits in the federal district court for the Southern District of New York against several investment banks for a total of $2.4 billion. [read post]
14 Nov 2014, 11:59 am
The National Credit Union Administration, acting as liquidating agent for five failed credit unions, sued Deutsche Bank National Trust Company (DBNTC) for allegedly breaching its duties as trustee under the governing trust agreements for 121 RMBS trusts with a total original face value of approximately $140 billion. [read post]
16 Jul 2009, 9:13 am
The final rules and guidelines were issued in conjunction with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency and the Office of Thrift Supervision (the “Agencies”) pursuant to Section 312 of the Fair and Accurate Transactions Act of 2003 (“FACTA”). [read post]
14 Mar 2014, 7:24 pm
National Credit Union Administration Board 13-576 Issue: Whether 12 U.S.C. [read post]
2 May 2008, 4:16 am
" The Federal Reserve, along with the Office of Thrift Supervision and the National Credit Union Administration, will issue proposed regulations today that seek to put a halt to certain credit card practices. [read post]
2 Jun 2010, 8:52 am
The National Credit Union Share Insurance Fund, a federal agency that guarantees credit union deposits, will have to pay an estimated $40 million in connection with the failure of Eastern Financial. [read post]
