
Articles by Editor


Expanding credit union regulator board finds room for discussion at hearing
Should the board for the federal credit union regulator be expanded? At least one Republican senator thinks that’s a worthwhile idea – and the Democratic-nominated chairman of the agency board did not outright reject the […]

Alert puts credit unions on notice: submissions to CFPB’s ‘Collect’ website can be made now (and note those deadlines)
Credit unions may begin submitting data on credit card agreements with their members, and applying data submission requirements, to the federal consumer financial protection agency’s website for collecting credit card information, the National Credit Union […]

Cyber security is most significant, potential risk facing financial system, Powell tells panel
Cyber risk is the most significant threat to the banking industry, the leader of the Federal Reserve Board told a Senate committee Tuesday. In testimony over the impact of Federal Reserve and Treasury actions to […]

Fed pursuing initiative on how changes in tech, analytics, customer preferences affect supervision
Changes in technology, analytical capabilities, and customer and workforce preferences are spurring an initiative at the Federal Reserve to investigate the implications of those changes for the agency’s supervision function, a governor of the Fed […]

Credit union regulator extends comments-due date on digital assets, technologies RFI
More time – 30 days – is allowed for comments on the federal credit union regulator’s request for information about the impact of activities connected to digital assets and related technologies, according to a notice published […]

Credit union regulator to face confirmation hearing for reappointment
A hearing on the reappointment of the chairman of the board for the federal credit union regulator is set for Thursday, the Senate Banking Committee said Monday. According to the committee’s website, the hearing for […]

As pandemic homeowner protection programs end Thursday, credit union regulator offers outline of what changes mean
“Critical information” for compliance with expiring pandemic-era protection programs for homeowners is addressed in a Letter to Credit Unions from their federal regulator Monday. The National Credit Union Administration (NCUA) letter, sent to all federally […]

Credit union regulator will add seven positions, paid for by budget surplus
Seven new positions will be added to the employee roster of the federal credit union regulator following a “midsession” budget review by the agency board Thursday. The money to pay for the positions was realized […]

Bulletin outlines process for voluntary liquidations of mutual FSAs
Regulatory requirements and processes that the federal regulators use to review a voluntary liquidation of a mutual federal savings association (mutual FSA) have been updated, the Office of the Comptroller of the Currency (OCC) said […]