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WASHINGTON–Sounding like a stump speech as part of an election campaign, Sen. Jon Tester (D-MT) told credit unions he grew up on a farm in a rural community where there is a “sense of self reliance (and) people know they have to work together to get things done,” which are values he said credit unions understand.

ALEXANDRIA, Va.–Never has a 3-0 vote been so divided. While all members of the NCUA board voted in favor of the agency’s revised Member Business Lending proposal, the vote only came after strong disagreements and bickering between not just NCUA Chairman Debbie Matz and board member Mark McWatters—who often clash—but this time Vice Chairman Rick Metsger was also involved.

NCUA Vice Chairman Rick Metsger's Prepared Remarks On Final MBL Rule

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NCUA Vice Chairman Rick Metsger's prepared remarks on NCUA's final MBL rule, which was passed at the agency's Feb. 18 board meeting. 

WASHINGTON—Credit union trade associations have reacted positively to the approval of NCUA’s final MBL rule, with NAFCU and CUNA hailing the reg as a big victory for credit unions, while NASCUS saying it will remain to be seen if the “proof is in the pudding.”

WASHINGTON—NCUA Vice Chair Rick Metsger Tuesday held up the “network credit union model” as one potential way to help smaller, struggling credit unions not only survive but grow.

WASHINGTON—A “moderating pace” of sales had little impact on the trajectory of home prices during the final three months of the year, which picked up speed and showed continued growth in most of the U.S., according to the latest quarterly report by the National Association of Realtors.