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.
Title: Technical amendments Subject: General wording, procedures Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is issuing a final rule to make technical amendments to various provisions of the NCUA’s regulations. These technical […]
The White House announcement Friday that President Donald Trump intends to make another nomination to fill the open seats on the board of the federal credit union regulator – for the first time in three […]
The public comment periods close this week on banking agencies’ proposal to raise the real estate appraisal threshold for banks to $400,000 and, separately, a proposed adjustment in the funds-availability amounts under Regulation CC. Both […]
The announcement by President Donald Trump Friday of his intent to nominate former congressional staffer and National Credit Union Administration (NCUA) agency liaison to Congress Todd M. Harper to the second open seat on the […]
A final rule on providing more flexibility for financial institutions in securing flood insurance from private providers was adopted by the federal regulator of credit unions Thursday and announced by the agency Friday. In a […]
A prohibition order barring Linda S. Pelham, a former CEO of the $35.5 million-in-assets Everglades Federal Credit Union in Clewiston, Fla., from future service in any federally insured financial institution was executed Jan. 14 and […]
A 60-day window for credit union service organizations (CUSOs) to complete their annual, required reaffirmations with the CUSO Registry maintained by the National Credit Union Administration (NCUA) opens Friday and concludes March 31. Launched in […]
Title: Loans in Areas Having Special Flood Hazards Subject: Flood insurance Agency: FDIC, Federal Reserve, NCUA, OCC (FCA) Status: Final rule Summary: The Office of the Comptroller of the Currency (OCC), the Board of Governors […]
Final rules requiring financial institutions to accept flood insurance policies that meet the statutory definition of “private flood insurance” – and to allow financial institutions to exercise their own discretion in accepting other plans, including […]
The inspector general for the federal credit union regulator received a rating of “pass” by another agency’s IG office in an annual peer review that was made public Thursday. The review was conducted for the […]
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