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.
The chairman of the National Credit Union Administration (NCUA) Board on Monday said he has assigned Kyle Hauptman, the board vice chairman, to serve as the board’s liaison to the Defense Credit Union Council (DCUC) […]
A federal credit union with a multiple common bond field of membership may include in its field of membership underserved communities as defined by the Federal Credit Union Act, the federal credit union regulator said […]
An overview of the new Paycheck Protection Program (PPP) features included in the massive coronavirus crisis relief legislation passed by Congress late last month will be provided in a webinar on Monday (Jan. 11) sponsored […]
Nine items – including a proposal on risk-based net worth (complex threshold), an advance notice of proposed rulemaking on simplification of risk based capital requirements and four other final or proposed rules – are all […]
Revisions in the agency’s chartering and field of membership manual in recent years are reflected in revised guidance and templates issued Wednesday in a Letter to Federal Credit Unions from the National Credit Union Administration […]
A number of provisions contained in the massive appropriations and coronavirus relief legislation signed into law Dec. 27 are highlighted by the federal credit union regulator in a letter to credit unions, sent Thursday. The […]
Federal credit unions’ (FCUs) operating fees and all federally insured credit unions’ (FICUs’) 1% share insurance deposit adjustments will be invoiced in March and due to be paid no later than April 15, the National […]
The $4.5 million-in-assets, 785-member C O Federal Credit Union of Charleston, S.C., has been placed in conservatorship because of unsafe and unsound practices, the National Credit Union Administration (NCUA) announced late Monday. The agency said […]
The federal credit union regulator’s communication methods are up for comment in an effort, the agency said Monday, to “promote efficiency and increase transparency.” In a release, the National Credit Union Administration (NCUA) said it […]
Sarah Canepa Bang has been named senior advisor to Kyle Hauptman, who joined the National Credit Union Administration (NCUA) Board Dec. 14 and was named vice chairman Friday. The NCUA, in a release Monday, said […]
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