Fresh Today

Fresh Today

ALEXANDRIA, Va.–The NCUA board was given an update on the state of the National CU Share Insurance Fund, with the data showing a big increase in investment income but also a projected overall decline in the normal operating level at by mid-year.

ALEXANDRIA, Va.–With one person suggesting the move runs counter to the mission outlined in the FCU Act, and the other saying it instead supports the idea of member-ownership, two NCUA board members spent the first 20 minutes of the agency’s board meeting outlining strongly opposing views on what NCUA’s collection of data related to overdraft/NSF income is going to mean—or whether it’s even necessary.