Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
Three town halls will be led by a member of the federal credit union regulator’s board at the diversity, equity and inclusion (DEI) conference set for three days next week, the agency said Tuesday. National […]
Low-income-designated credit unions that are eligible to receive funding from Treasury’s Emergency Capital Investment Program (ECIP) may accept 30-year subordinated debt investments from the program, according to the National Credit Union Administration (NCUA). The NCUA […]
A final rule that adds a “market sensitivity” component to the federal examination system for credit unions was approved unanimously Thursday by the National Credit Union Administration (NCUA) Board, with board members voting 3-0 in […]
Credit union subsidiaries – better known as “credit union service organizations” (CUSOs) – will be able to originate any type of loan that a federal credit union (FCU) may originate under a final rule approved […]
A joint regulators’ statement that suggested actions banks and nonbanks alike should consider taking to ensure safe-and-sound practices during the transition away from the LIBOR reference rate was joined Thursday by the federal consumer financial […]
Use of cloud-based email services is proving to be a target for cybercriminals, and credit unions need to take steps to thwart any exploitation and take preventative steps, the federal credit union regulator said Tuesday. […]
Finalizing a proposed – and contentious – rule on expanded lending and services provided by federal credit union (FCU) credit union service organizations (CUSOs) highlights the scheduled agenda for next week’s meeting of the federal […]
Describing it as a “holistic cybersecurity resource” for credit unions, the institutions’ federal regulator has scheduled an Oct. 28 webinar on a new set of tools it has developed to promote digital safety, the agency […]
Credit unions with both minority depository institution (MDI) and low-income (LICU) designations may apply now, through Oct. 29, for the federal credit union regulator’s mentoring grants worth a total of $100,000, the agency said Tuesday. […]
Improving the agency’s information technology (IT) investment management program is the aim of four recommendations from the federal credit union regulator’s inspector general following a recent audit of the agency’s governance of IT initiatives, according […]
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