NCUA – Page 50 – Regulatory Report

What's up

[ February 18, 2020 ] Payday lending violations lead ‘observations’ in latest consumer bureau report CFPB
[ February 18, 2020 ] JP Morgan Chase gets top scores from large bank systemic risk monitor – including in new ‘contagion index’ Other
[ February 14, 2020 ] Lack of full board complement, staff retirements among top challenges for FDIC, says IG FDIC
[ February 14, 2020 ] Credit union regulator funds get clean audit opinions for 2019; top agency challenges also noted NCUA
[ February 13, 2020 ] Credit union regulator board to consider final policy statement on ACL under CECL NCUA

Agency 2018 spending plan of $321 million to be discussed at Oct. 18 briefing

October 6, 2017 0

A proposed 2018 budget of $320.9 million for the National Credit Union Administration (NCUA) will be the main topic of a public briefing set for Oct. 18 at the agency’s headquarters in Alexandria, Va. In […]

Revised opinion: no prohibition on bond covering CU service organizations

October 4, 2017 0

In a change of opinion, NCUA’s general counsel has decided the “individual policy” requirement of credit union fidelity bonds does not prohibit a credit union from having a bond also covering its credit union service […]

In final notice, agency leaves door ajar for changes to ‘normal operating level’

October 3, 2017 0

The “normal operating level” of reserves for the fund that protects savings in credit unions will be reviewed “periodically” by the National Credit Union Administration (NCUA) Board, with action on revising the level taken only […]

Agency liquidates 3rd credit union of year; $86 million institution

October 2, 2017 0

An $86 million-asset Louisiana federal credit union, with more than 22,000 members, was liquidated Monday by the National Credit Union Administration (NCUA), after the agency determined the credit union was insolvent and had no prospect […]

‘Emergency merger’ proposal draws three comments

October 2, 2017 0

Three comments – all from credit unions – were filed on a proposal to redefine the phrase of “in danger of insolvency ” for purposes of an emergency merger, issued by the National Credit Union […]

Two prohibited from participating in credit unions

September 29, 2017 0

Two individuals were prohibited from “participating in the affairs” of any federally insured credit union, because of actions taken in August by the National Credit Union Administration (NCUA) and announced Friday. James Nathan Sheppard, a […]

NEXT WEEK: Appraisal, mergers comments reported; MDI committee meets

September 29, 2017 0

Comments on two key issues will be reported next week by federal credit union and banking regulators. Comments were due Friday to National Credit Union Administration (NCUA) about a proposal on the definition of the […]

Board votes to merge funds by Oct. 1, setting stage for millions of $ in rebates

September 28, 2017 0

A fund set up to stabilize corporate credit unions in the wake of the economic downturn will be merged Oct. 1 with the National Credit Union Share Insurance Fund (NCUSIF), setting the stage for credit […]

Proposal gives insured credit unions a more practical approach in TV, radio ads

September 28, 2017 0

New rules for advertising credit unions’ federal insurance coverage status were proposed Thursday that the National Credit Union Administration (NCUA) said were aimed at restoring a balance in regulatory burden for credit unions vis-à-vis that […]

Letter outlines updates to CECL FAQs – and reiterates ‘take steps in advance’

September 27, 2017 0

Credit unions need to take steps in advance to ensure they can implement the new “current expected credit loss” (CECL) accounting standard, even though the new standard doesn’t take effect until Dec. 31, 2021, the […]

« 1 … 48 49 50 51 52 53 »

Payday lending violations lead ‘observations’ in latest consumer bureau report

February 18, 2020 0

Violations of federal rules regulating payday lending, debt collection, mortgage servicing, and student loan servicing are highlighted in the latest version of “supervisory highlights” from the federal consumer financial protection agency. Payday lending led with the most “observations,” according to [...]
JP Morgan Chase gets top scores from large bank systemic risk monitor – including in new ‘contagion index’

February 18, 2020 0

JP Morgan Chase bank ranks at the top of the largest banks in three key measures for monitoring their systemic risks to the global financial system, according to a report issued Tuesday by the federal agency that provides data and [...]