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.
A consolidation from five to three regional offices is now complete for the nation’s federal credit union regulator in the latest phase of an agency-wide restructuring that began in 2017, the agency said in a […]
Public remarks by the chairman and vice chairman of the Federal Reserve and release of the agenda by the board of the federal credit union regulator for their first meeting in 2019 mark the week […]
Federally insured credit unions that have a “low-income” designation from the federal credit union regulator can seek to participate in that agency’s streamlined community development financial institution (CDFI) certification process from Jan. 13 through Feb. […]
By the Senate’s failure to confirm three nominees for seats on federal financial institution regulator boards before adjourning, the White House now faces at least a half dozen open board seats among three regulatory agencies […]
The Senate confirmed 77 presidential nominees by voice vote Wednesday, as it raced to finish its business for the 115th Congress and adjourn, sine die, by noon Thursday – when the 116th Congress takes its place. Not […]
A former credit union employee who was sentenced to four months’ prison time and ordered to pay more than $460,000 in restitution has been prohibited from participating in the affairs of any federally insured financial […]
With less than two weeks left in the year, officials at the federal insurer of deposits in banks are keeping their fingers crossed that a “zero sum” will continue undisturbed. Meanwhile, over at the federal […]
A one-basis-point reduction, from 1.39% to 1.38%, in the “normal operating level” (NOL) of the federal share (deposit) insurance fund for credit unions was approved by the National Credit Union Administration (NCUA) Board Thursday on […]
A test program in which federal and state regulators will test approaches for alternating examinations of federally insured, state-chartered credit unions (FISCUs) starts Jan. 1 and will continue for three years, state and federal regulators […]
A state-by-state review of federally insured credit union’s call report data shows year-over-year median loan growth during the third quarter was highest in Minnesota (9.6%) and lowest in New Jersey (1.1%), according to a report […]
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