No Successor Named as Hood’s Term Comes to a Close
As NCUA board member Rodney Hood’s term comes to a close, he has announced he has no intention of leaving until a new board member is nominated and confirmed, a process which could take months, reports Emily Claus.
NCUA Establishes Asset Management and Assistance Center as Independent Office
On December 1st, 2022, the NCUA voted to re-establish the Asset Management and Assistance Center as an independent entity. Emily Claus reports on the reasons and logistics behind the change.
NCUA Reg Agenda: Bank Purchases, Overdrafts
During the next six months the National Credit Union Administration board may issue final rules governing overdrafts and the purchase of a bank by a credit union, the agency said in its Fall regulatory agenda.
When Leaders Lack Confidence in Their Organization
Chip Filson scrutinizes the NCUA’s new Risk-Based Capital rule and the unsettling realization that these new guidelines may signal from the board a lack of faith in their own organization.
Biden Appoints Todd Harper As New NCUA Board Chairman
On Monday, January 25th, President Joe Biden appointed Democrat Todd Harper as the new NCUA Board Chairman.
