GAO Issues Report on Corporate Credit Union Failures and NCUA Action

The NWCUA’s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here are updates on a recent GAO report and an NCUA data request.

Rating Agencies Call One-Fourth of Northwest Banks Problematic

Bauer Financial and Highline Financial found that 24 percent of Washington-based banks and 16 percent of Oregon-based banks are considered problematic or troubled.