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 budget of $321 million for 2018 – up less than 1% from the previous year – was approved by the National Credit Union Administration (NCUA) Board Thursday, reflecting what the agency calls “significant steps […]
Thirty-two items under five sections are outlined under Senate financial institution regulatory relief, as sponsored Monday by eight Republicans, eight Democrats and one independent. A key portion of the regulatory relief package: Section 401, which […]
Meetings are set to be held in 11 of 12 months during 2018 – all on Thursdays as in recent years — by the National Credit Union Administration (NCUA) Board, according to a schedule released […]
Final approval of its 2018-19 budget, as well as a final rule on corporate credit unions and the methodology used for transferring funds from the savings insurance fund to cover expenses related to that fund […]
An exemption threshold amount for appraisals on mortgages will increase to loans of $26,000 or less (from $25,500 or less), according to a final rule to be published by two federal banking regulators and the […]
Five individuals – including one sentenced to a five-year prison term and restitution order of more than $400,000 — are prohibited from participating in the affairs of any federally insured financial institution, the National Credit […]
An 82-year-old credit union Friday became the fourth nationwide to be liquidated in 2017, the federal regulator of credit unions announced. New York State Employees Federal Credit Union of New York, N.Y., had about $2 […]
Two final rules – on regulatory appeals procedures for appealing material supervisory determinations, and on the agency’s committee for supervisory review– and a proposed regulation on capital planning and stress testing, all from the National […]
Promotion of diversity in credit union memberships and workforces is the theme of a Nov. 2 webinar, which will feature a “how to” session for using the voluntary credit union diversity self-assessment tool, the National […]
Standardizing the loan, deposit, and investment information collected electronically during examinations was proposed by the National Credit Union Administration (NCUA) Board in a request for information issued Thursday; comments are due Jan. 2, 2018. In […]
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