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WASHINGTON—A former NCUA chairman who opposed NCUA oversight of third parties while he was in that role said it’s a viewpoint he continues to hold, saying he believes granting NCUA such authority would present new challenges for the agency and turn the agency into the “Federal Trade Commission of the credit union industry.”

In a recent public letter to the NCUA staff, Chairman Todd Harper announced he was “stepping away from daily duties” for back surgery. 

TROY, Mich.— In what likely won’t come as a big surprise to financial services providers, the new J.D. Power 2024 U.S. Consumer Lending Satisfaction Study has found customer satisfaction with consumer loans is highest among those with the highest levels of financial health and significantly lower among those who are overextended or financially vulnerable.

WASHINGTON—Credit unions are experiencing an “unprecedented battle” on non-interest income, America’s Credit Unions Chief Advocacy Officer Carrie Hunt wrote to NCUA Chairman Todd Harper and CFPB Director Rohit Chopra, stating the “challenges” stem from the actions of both agencies.

DOVER, Del.–Del-One FCU was nominated for the Excellence in Business Awards Large Employer of the Year through the Central Delaware Chamber of Commerce (CDCC).