NCUA – Page 70 – Regulatory Report

What's up

[ April 18, 2024 ] Still another assessed fine, prohibited, after involvement in troubled loan program at Michigan bank OCC
[ April 18, 2024 ] Credit union regulator seeks comments on how to improve, update records retention rules NCUA
[ April 18, 2024 ] Ombudsman’s report notes banker frustration over lack of communication with FDIC FDIC
[ April 18, 2024 ] OCC publishes semiannual interest rate risk report for midsize, community banks OCC
[ April 17, 2024 ] False claims about student loan costs, graduate hiring rates lead to action against for-profit school, CEO CFPB

Credit unions advised of strategies to use in helping member borrowers facing coronavirus crisis hardship

April 30, 2020 0

Strategies credit unions can use to work with borrowers who experience financial hardship because of the coronavirus crisis are outlined by the federal credit union regulator in a letter to its supervised institutions released Thursday. […]

NCUA: 4 p.m. to 11:59 p.m. ET Wednesday (April 29) ‘reserved’ processing time for PPP loans from lenders under $1 billion

April 29, 2020 0

Credit unions were told Wednesday by their federal regulator that from 4 p.m. to 11:59 p.m. ET this day, the Small Business Administration (SBA) Paycheck Protection Program (PPP) will only accept loans from lending institutions […]

NCUA OIG reports no agency programs susceptible to ‘significant’ improper payments

April 29, 2020 0

A review by the inspector general’s office at the National Credit Union Administration (NCUA) shows that none of the agency’s programs are considered to be susceptible to “significant” improper payments as defined by the Improper […]

Examiners will turn attention to pandemic’s impact on credit risks for credit unions

April 29, 2020 0

Emerging credit risks resulting from the coronavirus crisis will be the focus of questions by federal examiners when they begin contacting the institutions they review beginning next week, the federal credit union regulator said Wednesday. […]

Central Liquidity Facility

April 28, 2020 0

Title: Central Liquidity Facility Subject: Central Liquidity Facility; coronavirus response Agency: NCUA Status: Interim final rule; request for comments Summary: In response to the COVID-19 pandemic, the NCUA Board (Board) is issuing this interim final […]

Agency outlines rule changes to accommodate PPP loans from credit unions

April 28, 2020 0

Changes to various lending and risk-based capital requirements at credit unions under various emergency programs developed to combat the financial impact of the coronavirus crisis are outlined and summarized in a letter from the federal […]

Harper lists 5 things Congress should do to help credit unions weather the pandemic

April 27, 2020 0

The Democratic member of the National Credit Union Administration (NCUA) Board last week outline five priorities for congressional action to better equip the agency to contain the impact on the credit union industry of the […]

Agency announces grants for setting up mentoring programs between small, large credit unions

April 27, 2020 0

Grants of up to $25,000 each are available to help small institutions establish mentoring programs with larger, low-income-designated credit unions to “provide expertise and guidance in serving low-income and underserved populations,” the federal credit union […]

Regulatory Capital Rule: Paycheck Protection Program Lending Facility and Paycheck Protection Program Loans

April 24, 2020 0

Title: Regulatory Capital Rule: Paycheck Protection Program Lending Facility and Paycheck Protection Program Loans Subject: Capital; member business lending Agency: NCUA Status: Interim final rule; request for comments Summary: The NCUA Board (Board) is issuing […]

NCUA letter summarizes appraisal requirement flexibilities across federal agencies, many for COVID-19

April 23, 2020 0

Recent changes in credit unions’ federal appraisal requirements and changes specifically affecting federally backed mortgage loans – most of them responding to disruptions brought by the coronavirus pandemic – are detailed in a new letter […]

« 1 … 68 69 70 71 72 … 130 »

Still another assessed fine, prohibited, after involvement in troubled loan program at Michigan bank

April 18, 2024 0

Another individual associated with a troubled lending program at a Southfield, Mich., bank has been ordered to pay a $400,000 civil money penalty (CMP), the national bank regulator said Thursday. The Office of the Comptroller of the Currency (OCC) said [...]
Credit union regulator seeks comments on how to improve, update records retention rules

April 18, 2024 0

Finding methods for improving and updating the records preservation program regulations and accompanying guidelines of the federal credit union regulator is the goal of an advance notice of proposed rulemaking (ANPR) issued Thursday by the agency’s board. The National Credit [...]
Ombudsman’s report notes banker frustration over lack of communication with FDIC

April 18, 2024 0

Challenges faced by the federal bank deposit insurance agency in its supervisory processes and the feedback received from regional ombudsmen and bankers are outlined in the agency ombudsman’s annual report, issued Thursday. The 2023 report from the Federal Deposit Insurance [...]
OCC publishes semiannual interest rate risk report for midsize, community banks

April 18, 2024 0

Interest rate risk (IRR) data gathered during examinations of midsize and community banks and federal savings associations (FSA) by the national bank regulator was published Thursday by the agency. The report, the Office of the Comptroller of the Currency’s (OCC) [...]
False claims about student loan costs, graduate hiring rates lead to action against for-profit school, CEO

April 17, 2024 0

Deceiving students about the cost of loans and making false claims about graduates’ hiring rates have led to a consent order and a civil money penalty (CMP) against a San Francisco-based, for-profit vocational school and its CEO, the federal consumer [...]
‘Cautiously optimistic’ economic outlook noted in latest Beige report

April 17, 2024 0

Mixed results on consumer spending, “roughly flat” bank lending and some increases in residential construction and tourism were noted by the Federal Reserve in its April Beige Book report on economic conditions. The report is based on information collected on [...]