Metsger Defends $1 Billion in Contingency Legal Fees

Defending the agency’s legal fees, NCUA Chairman Rick Metsger said that efforts to recover damages associated with the failed corporate credit unions likely would have failed if the board refused to pay legal bills on a contingency basis. That arrangement has...

Want to Keep Your Millennials? Develop Them!

“The millennials are coming,” a cry we’ve been hearing for years, has finally come true.  Recently, the number of millennials in the labor market surpassed the other generations to become the single largest segment in the workforce. For years...

Strong Loan Growth May Not Overcome Rate Squeeze

Expected high loan growth might not overcome pressure on credit union margins from rising interest rates in 2017, according to CUNA’s latest forecast. A separate report released in December from CUNA Mutual Group showed credit union loan portfolios reached $876...