NCUA

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.

NCUA

House removes NCUA from budget oversight proposal

September 13, 2017 0

The House approved a spending plan Thursday that no longer includes a provision rolling the NCUA budget under the congressional appropriations process. On Wednesday, lawmakers approved an amendment to the 2018 Department of the Interior, Environment, […]

NCUA

Letter to CUs outlines new HMDA exam testing guidelines

September 13, 2017 0

New examiner transaction testing guidelines for Home Mortgage Disclosure Act (HMDA) data go into effect Jan. 1, with fewer credit unions required to correct and resubmit their HMDA Loan Application Registers (LARs), NCUA points out […]

NCUA

Agency sets Oct. 18 for public budget briefing

September 12, 2017 0

Following the Oct. 2 release of its 2018-19 proposed budget, NCUA plans for an Oct. 18 public briefing on its spending plan, with an aim of “budget transparency” according to Board Chairman J. Mark McWatters. […]

NCUA

Agency releases for comment laundry list of reg reforms

August 16, 2017 0

A laundry list of sweeping regulatory reform proposals over a four-year period – including delaying “risk-based capital” requirements, a new rule allowing alternative capital and blocking credit unions switching from federal insurance to be eligible […]

NCUA

CU among nation’s top 150 conserved by NCUA

February 11, 2017 0

A $1.8 billion credit union — within the top 150 federally insured credit unions in the country in asset size — Friday was conserved by the New York State Department of Financial Services, which appointed the […]

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