BIRMINGHAM, Ala.—NCUA Chairman Kyle Hauptman has the authority to act on behalf of the NCUA board as its single member, based upon precedent established over 20 years ago, says former NCUA Chairman Dennis Dollar, who served for almost two months as the sole NCUA board member during his tenure as chairman in early 2002.
Fresh Today
ST. PETERSBURG, Fla.— The consequence of tariffs on consumer spending could have a profound impact on 2025 payment results, with mixed thoughts on timing, Velera reported.
MADISON, Wis.—Expect housing price growth to slow, or even reverse, in the coming years, as well as more consumers being able to afford a mortgage, predicts TruStage.
ALEXANDRIA, Va.—NCUA Friday stated it can perform its ongoing duties with a single board member.
LONE TREE, Colo.--The $4.6-billion Canvas Credit Union here has become an affiliate member of the Defense Credit Union Council, DCUC announced.
WASHINGTON — Mortgage applications decreased 8.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 11, 2025.
WASHINGTON—Do Todd Harper and Tanya Otsuka have legal standing to contest their removal from the NCUA board by President Donald Trump? Has any past president taken similar action? Can NCUA continue functioning without a quorum on its board? Is this the first step toward consolidating federal banking regulators?
DENVER—Noting the list is long, a panel of credit union executives addressed the major issues facing credit unions, pointing out accelerating consolidation and the “relentless” pursuit of scale are at the top.
DENVER—With Chuck Fagan kicking off VeleraLIVE Tuesday by sharing that the combined PSCU/Co-Op organization now supports over 4,000 financial institutions and 126 million credit union members, the Velera President and CEO Wednesday spoke with CUToday.info about many of the reasons for that success.
WASHINGTON—Amid a great deal of change and unrest within credit unions, the Defense Credit Union Council is calling for a meeting of leaders within the CU movement.
