NCUA’s Harper says exam audits merit new consumer protection programs


In remarks at CUNA’s online Governmental Affairs Conference, the chairman of the National Credit Union Administration called for the creation of new initiatives around compliance for fair credit reporting and truth in lending.


New administration poses new challenges for credit union advocacy


The industry will have to contend with thin margins on either side of the aisle in Congress and new priorities from regulators, experts said in a panel discussion held as part of CUNA's online Governmental Affairs Conference.


NCUA bans ex-NYPD officer who embezzled from Municipal Credit Union


The regulator issued a prohibition order to Joseph Guagliardo, who admitted to taking more than $400,000 from the New York City-based institution over the course of nearly a decade.


NCUA's furniture fiasco highlights personality conflicts on the board


The credit union regulator's unusual attempt to auction pricey items from a former chairman's office has revealed more about interoffice dynamics at the agency.


Week ahead: NCUA auctioning off McWatters’s old office furniture


The sale has revived a long-running feud between former chairmen Mark McWatters and Rodney Hood, who tweeted, "Credit unions deserve better stewardship of agency resources.”


NCUA chief warns of new deposit insurance premiums


Todd Harper, chairman of the National Credit Union Administration, said new assessments are likely needed because of an influx of deposits, but industry groups and other board members say the agency should wait to see if the reserve ratio recovers on its own.


NCUA’s next field of membership fight is already brewing


A plan to make expansion easier for credit unions is getting pushback not just from bankers, but also from the regulator's current chairman and a former board member.


NCUA’s Harper taps former CFPB official as chief of staff


Catherine Galicia formerly led the Consumer Financial Protection Bureau's legislative affairs division, and has extensive experience in banking and on Capitol Hill.


Theft charges earn lifetime ban for two former credit union employees


The credit union regulator's first prohibitions of 2021 relate to misuse of member funds at institutions in Alaska and Florida.


Now more than ever, NCUA needs a reset


The regulator must rediscover bipartisanship and collaboration while ensuring new regulations don't overstep the Federal Credit Union Act.