Melrose Credit Union (Briarwood, NY) has misleading information about its financial health on its website. The following screenshot shows t...
Diversity and Corporate Governance
Diversity and Corporate Governance
Federal regulators and policymakers want to increase the level of diversity at financial institutions, including their boards. Beginning in...
Proposal Paves Way for FCUs to Own Mixed-Use Properties
Proposal Paves Way for FCUs to Own Mixed-Use Properties
The National Credit Union Administration (NCUA) Board on April 21 issued a proposed rule that will eliminate the requirement that a federal ...
Commonality of Age Is Not A Permissible Common Bond
Commonality of Age Is Not A Permissible Common Bond
The National Credit Union Administration (NCUA) in a February 25, 2016 legal opinion letter wrote that a group's commonality of age and ...
