TITLE

Is the NCUA Clueless? Or Is It Seeking to Kill Off the Corporates?

AUTHOR(S)
Cooke, Sarah Snell
PUB. DATE
March 2010
SOURCE
Credit Union Times;3/17/2010, Vol. 21 Issue 11, p4
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the impact of rules for corporate credit unions (CUs) proposed by the U.S. National Credit Union Administration (NCUA) on all CUs in the country. She asserts that the thrust of this proposal is capital ratios it requires for corporate CUs to be capitalized. She argues that this proposal is a manifestation that NCUA has no idea about how financial institutions they regulate run.
ACCESSION #
48654566

 

Related Articles

  • Sloppy Data, Examinations Could Be Leading To Unneccesary Mergers. Sheffield, Todd // Credit Union Journal;5/30/2011, Vol. 15 Issue 21, p8 

    In this article, the author comments on the poor quality of the Department of Financial Institutions/ National Credit Union Administration (DFI/NCUA) examination.

  • Mica to Senate: Keep the NCUA Separate and Eliminate MBL Cap. MARX, CLAUDE R. // Credit Union Times;4/1/2009, Vol. 20 Issue 13, p3 

    The article focuses on the proposed separation of the U.S. National Credit Union Administration (NCUA) from financial institutions' regulatory bodies of the U.S. Dan Mica, president of Credit Union National Association (CUNA), says that the sole regulator should not look after the credit unions...

  • New Guidance on Remote Deposit Capture.  // Credit Union Times;1/28/2009, Vol. 20 Issue 4, p10 

    The article reports on the advice given by the U.S. National Credit Union Administration (NCUA) to credit unions (CUs) in the U.S. on remote deposit capture services. The NCUA, as reported, in a memo to the board members of CUs, has advised them to see the services as a new delivery system and...

  • NCUA Asks Glendale Are Schools FCU To Take Down Ad. Blumenfeld, Matt // Credit Union Journal;3/2/2009, Vol. 13 Issue 9, p3 

    The article focuses on the web advertisement of Glendale Area Schools Federal Credit Union (FCU) concerning the rankings of financial institutions in the U.S. National Credit Union Administration (NCUA) regional director Melinda Love wrote to Glendale Area Schools FCU Chief Executive Officer...

  • Alternatives To Payday Lending Put On Defensive. Moed, Joyce // Credit Union Journal;8/31/2009, Vol. 13 Issue 35, p18 

    The article reports on criticisms over the offerings of credit unions (CUs) in the U.S. According to a story published in the newspaper "USA Today," the price of loans offered by CUs as an alternative to higher-priced payday loans levels the price of payday lenders' product. It states that the...

  • Stagnation by Overcapitalization. RICK, STEVE // Credit Union Magazine;Aug2014, Vol. 80 Issue 8, p14 

    The article focuses on the risk-based capital proposal of the U.S. National Credit Union Administration (NCUA) and states that stagnation by overcapitalization would be a long-term effect of the proposal if credit unions were required to hold more capital than other federally insured financial...

  • Another Four Banned from Industry by NCUA. Ghosh, Palash // Cujournal.com;7/31/2015, p7 

    The article announces the prohibition orders issued by the U.S. National Credit Union Administration (NCUA) in July 2015 which ban several individuals from participating in federally insured financial institution activities, including Donald Battles, Christina Christy and Catherine Marriott.

  • CUNA To Recreate Iconic Photo Where It All Started.  // Credit Union Journal;8/31/2009, Vol. 13 Issue 35, p2 

    The article reports on the plan of credit union leaders to meet in Estes Park, Colorado from September 14-19, 2009 to recreate the iconic photo of the original gathering of the U.S. credit unionists. The event is in line with the 75th anniversary of the Credit Union National Association (CUNA),...

  • NCUA OKs $106 Billion Premium. Roberts, Ed // Credit Union Journal;9/28/2009, Vol. 13 Issue 39, p1 

    The article reports on the approval of the assessment of 1.06 billion dollars premium by the U.S. National Credit Union Administration (NCUA) Board in the fourth week of September 2009. It explains that the premium was approved to pay for losses in the corporate credit union network and among...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics