NCUA

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[ May 8, 2025 ] OCC restores previous merger act rules; comments due in 30 days OCC
[ May 7, 2025 ] Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles OCC
[ May 6, 2025 ] ‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered CFPB
[ May 5, 2025 ] OCC’s RFI asks about obstacles to community banks going digital OCC
[ May 5, 2025 ] FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’ FDIC

Emergency Capital Investment Program app period extended to July 6; webinar slated May 24

May 11, 2021 0

The federal credit union regulator on Tuesday encouraged credit unions to participate in an upcoming “Ask the Regulators” webinar on the Treasury Emergency Capital Investment Program (ECIP), which has extended its application period to July […]

Does federal share insurance apply to a share certificate purchased by an LLC? It depends, NCUA writes

May 11, 2021 0

Whether share insurance applies to a credit union share certificate purchased by a limited liability corporation (LLC) depends in part on who owns the funds and whether the LLC is engaged in an “independent activity” […]

Former CU employee in WA barred from working in FIs

May 10, 2021 0

A former employee of Alaska Air Group Federal Credit Union (SeaTac, Wash.) is barred from any future involvement in federally insured depository institutions under an order announced Monday by the federal credit union regulatory agency. […]

First federal credit union chartered in 2021 will serve local Islamic community in NJ

May 5, 2021 0

A new federal credit union chartered late last month in Kendall Park, N.J., to serve a local Islamic community will offer its members non-interest-bearing consumer loans, among other services, the federal credit union regulator announced […]

Harper indicates capitalization of interest, derivatives rules may be nearing readiness for action

April 22, 2021 0

The chairman of the federal credit union regulator on Thursday said staff are “working through” some of the agency’s pending proposals and could, in the near future, have two in particular – on the capitalization […]

NCUA, FDIC to co-host youth account access webinar next Tuesday

April 21, 2021 0

A webinar on account access for younger people will be co-hosted April 27 by the National Credit Union Administration (NCUA) and the Federal Deposit Insurance Corp. (FDIC), according to an announcement Wednesday. The webinar, titled […]

Agency extends temporary provisions giving reg relief to credit unions seeing savings surges during pandemic

April 16, 2021 0

Temporarily reducing the earnings retention requirement for credit unions classified as adequately capitalized, and permitting an undercapitalized credit union to submit a streamlined net worth restoration plan if it becomes undercapitalized predominantly because of share […]

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OCC restores previous merger act rules; comments due in 30 days

May 8, 2025 0

The national bank regulator is restoring its pre-2024 business combinations rule under the Bank Merger Act (BMA), undoing the rule adopted last September and also rescinding its related policy statement. The changes by the Office of the Comptroller of the [...]
Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles

May 7, 2025 0

National banks and federal savings associations may buy and sell crypto assets held in custody, the national bank regulator confirmed Wednesday in an interpretive letter. The Office of the Comptroller of the Currency (OCC) said the banks may transact the [...]
‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered

May 6, 2025 0

Enforcement of last year’s interpretive rule on “buy now, pay later” loans will not be prioritized and could be rescinded in the future, the Consumer Financial Protection Bureau (CFPB), the bureau said Tuesday. As with other rules the bureau has [...]
OCC’s RFI asks about obstacles to community banks going digital

May 5, 2025 0

Questions about the key challenges and barriers faced by community banks in adopting and implementing digital banking solutions are posed in a request for information (RFI) announced Monday by the national banking regulator. The Office of the Comptroller of the [...]
FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’

May 5, 2025 0

Of the 64 banks assigned ratings under the federal anti-redlining statute this February, three were rated “outstanding” and 2 were rated “needs to improve,” the federal bank deposit insurer said Monday. The remaining 57 banks were deemed “satisfactory” under the [...]
Enforcement of ECOA small-business loan data collection deprioritized at CFPB

May 1, 2025 0

Add the agency’s Equal Credit Opportunity Act (ECOA) small-business loan data collection rule to those the Consumer Financial Protection Bureau (CFPB) won’t be going out of its way to enforce. The bureau said Wednesday that in light of a stay [...]
Nearly half of 25 banks evaluated in April by OCC earn ‘outstanding’ CRA ratings

May 1, 2025 0

About half of banks – out of 25 total – earned “outstanding” ratings for their compliance with anti-redlining regulations during April, the regulator of national banks said Thursday. In its latest monthly release of ratings for compliance with Community Reinvestment [...]
Texas commissioner re-elected as chair of state liaison committee to Exam Council

May 1, 2025 0

The Texas commissioner of banking will serve as the chair of the state regulator liaison committee for another year to the umbrella group of federal financial institution regulators, the agency announced Thursday. Charles G. Cooper, commissioner of the Texas Department [...]

Emergency Capital Investment Program app period extended to July 6; webinar slated May 24

Former CU employee in WA barred from working in FIs

First federal credit union chartered in 2021 will serve local Islamic community in NJ

Harper indicates capitalization of interest, derivatives rules may be nearing readiness for action

NCUA, FDIC to co-host youth account access webinar next Tuesday

Agency extends temporary provisions giving reg relief to credit unions seeing savings surges during pandemic

NCUA Board to be briefed on cybersecurity, PCA interim final rule

Report details credit union agency’s efforts in hiring people of color, achieving diversity in upper ranks

Harper names Samuel Schumach deputy director for NCUA external affairs/comms

OCC restores previous merger act rules; comments due in 30 days

Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles

‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered

OCC’s RFI asks about obstacles to community banks going digital

FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’

Enforcement of ECOA small-business loan data collection deprioritized at CFPB

Nearly half of 25 banks evaluated in April by OCC earn ‘outstanding’ CRA ratings

Texas commissioner re-elected as chair of state liaison committee to Exam Council