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 proposal to create a policy for federal credit union (FCU) member expulsion, aimed at least in part at addressing members who may be a threat to others, is out for comment until Dec. 2, […]
Title: Federal Credit Union Bylaws Subject: Member expulsion Agency: NCUA Status: Proposed rule Summary: On March 15, 2022, Congress enacted the Credit Union Governance Modernization Act of 2022 (Governance Modernization Act). Under the statute, the […]
A former chief executive officer of PNG Northern Federal Credit Union of Vandergrift, Pa., has been barred from future service in any federally insured financial institution over findings of check kiting and related activity that […]
How credit unions and their members can prepare for, and remain resilient in the face of, climate-related disasters is the focus of a webinar set for next month co-hosted by the federal credit union regulator […]
Nearly $400 million will be distributed among 1,500 credit unions – with about 80% of the distribution going to about 400 of the institutions – by the end of next month, their federal regulator said […]
Amber Gravius has been named Director of the Office of Business Innovation and Chief Data Officer for the National Credit Union Administration (NCUA), the agency announced Tuesday. According to the NCUA, Gravius previously served in […]
A free, online webinar focusing on Bank Secrecy Act (BSA) trends and challenges, and updates on BSA compliance, is slated Aug. 24 by the federal credit union regulatory agency. The National Credit Union Administration (NCUA) […]
A Kansas City, Mo., credit union became the first federal credit union charter issued this year by the federal credit union regulator, the agency announced Thursday. The charter was officially issued July 22; operations are […]
A former agency staffer who was there before the agency had a three-member board and who worked to build relationships among the agency and its stakeholders has died, according to an announcement Tuesday by the […]
Title: Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts Subject: CRE loan workout guidance Agency: FDIC, NCUA, OCC Status: Proposed policy statement and request for comment Summary: The Office of the Comptroller […]
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