Some credit union activities are under review.
The National Credit Union Administration is investigating whether officers of some credit unions have indulged in activities that benefited themselves or other insiders, the head of the federal regulatory agency said. NCUA Chairman Roger W. Jepsen told an industry group that the agency will consider recommendations for tighter examination procedures and new regulations.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
