Home Banking Strip club scandal, charges of partisanship add to NCUA’s rough year

Strip club scandal, charges of partisanship add to NCUA’s rough year

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It’s been a tumultuous year for the National Credit Union Administration. The regulator has been criticized over its decision to sell a portfolio of taxi medallion loans to an investment firm while an Office of the Inspector General report alleged that two former employees drank alcohol and visited strip clubs during work hours. On top of that, NCUA had to deal with longstanding concerns, such as the implementation of the Current Expected Credit Losses standard.

Here are some of the most read stories of 2020 from the Credit Union Journal involving NCUA.