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.
Half of Congress may be out for the summer (the House comes back on Sept. 4), but the Senate and federal financial institution regulators will be taking some actions next week – including the credit […]
Two proposed rules – on risk-based capital, and on clarifying existing rules for loans to members – and a final rule on suspension and debarment procedures for agency contractors will be considered by the federal regulator of […]
A House-Senate conference panel has reached agreement on fiscal 2019 defense authorization that excludes a House-passed provision requiring the Department of Defense (DoD) to allow banks to operate on military installations rent-free — but also […]
The National Credit Union Administration (NCUA) is accepting comments until Sept. 24 on its proposed extensions of four information collections. All are proposed for extension without revision except one – the designation of low-income status. […]
The credit union federal regulator wants to extend a requirement that federally insured credit unions (FICUs) seeking to buy assets or assume liabilities from a privately insured credit union (or other non-FICU financial institution) must, […]
The coming week brings a number of important developments for the financial industry, including a House committee mark-up of seven financial industry bills, payments to credit unions from the federal share insurance fund and, among […]
Mariah Lee Scribner, a former employee/institution-affiliated party of Lake Huron Credit Union (Saginaw, Mich.), has been barred by the National Credit Union Administration (NCUA) from participating in the future in the affairs of any federally […]
The House on Thursday completed consideration and passed a House appropriations financial services bill nearing that reflects provisions similar to some contained in the recently unveiled JOBS Act 3.0, including modifications of banking organizations’ living […]
Nine credit unions have agreed to pay a total $3,109 in penalties for filing late fourth-quarter 2017 call reports, the federal credit union regulator said Wednesday. In a release, the National Credit Union Administration (NCUA) […]
A congressional oversight agency review of civil money penalty (CMP) reporting by federal agencies does not contain information from federal financial institution regulators, primarily because those agencies are not generally required to file agency financial […]
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