Authors

ARTICLES BY Chip Filson

By Chip Filson | Oct. 31, 2016

The agency’s board ducks responsibility and shrouds in secrecy what’s happening with $3 billion in recoveries from the sellers of dubious private mortgage securities.

By Chip Filson | Sept. 29, 2016

The NCUA could accomplish so much more by being open about how it plans to manage and distribute billions of dollars from the corporate credit union collapse and bailout.

By Chip Filson | Sept. 1, 2016

The latest news should be good for credit unions invested in the failed corporates, but lack of regulator clarity makes it hard to know what's really going on.

By Chip Filson | July 27, 2016

Federal regulator grows its own budget instead of using credit union’s cooperative insurance fund as a collective resource to rehabilitate or resolve credit unions in difficulty.

By Chip Filson | July 7, 2016

The need for monitoring grows as does the bank account as another $161 million is added ahead of the fund’s 2021 shutdown date.

By Chip Filson | May 19, 2016

While credit unions await payback, a look at the agency’s audit numbers for the past six years show its secretive rescue plan might have cost more than it saved.

By Chip Filson | May 17, 2016

Three critical questions about the corporate resolution plan to be addressed at this Thursday's board meeting.

By Chip Filson | April 26, 2016

A review of NCUSIF audits show a rebuff of reality that marks seven years of building budgets while thwarting the fund’s intent to sustain and nurture.

By Chip Filson | April 15, 2016

NCUA chair Debbie Matz leaves the board as the movement prepares to live with burdensome new capitalization standards that data show nearly no credit unions currently run afoul of.

By Chip Filson | April 13, 2016

The regulator's drastic move is a troubling illustration of how the agency created to foster the movement’s safety and soundness is becoming a threat to its future.