NCUA – Page 91 – 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: payday rule’s underwriting provisions compliance date delayed by 15 months

June 24, 2019 0

Credit unions are on notice: The federal consumer financial protection agency has delayed for 15 months the mandatory underwriting provisions’ compliance date for its rule on “payday lending,” the federal regulator stated in a letter […]

Credit union regulator taps special advisor to chairman on cybersecurity

June 20, 2019 0

A special advisor on cybersecurity is now on duty at the federal regulator of credit unions, focusing on a topic the agency’s leader calls one of his top priorities. Johnny E. Davis, Jr., started Thursday […]

NCUA Board, voting 2-1, proposes delay to January 2022 in risk-based capital for credit unions

June 20, 2019 0

Risk-based capital requirements for “complex” credit unions would be again delayed – for another two years – under a 30-day proposal for comment issued Thursday by the National Credit Union Administration (NCUA) as the agency […]

Six federal credit unions fined for filing year-end 2018 call reports late

June 14, 2019 0

Civil money penalties (CMPs) totaling $5,073 – the largest of them being for $2,665 – were assessed against six federal credit unions in orders executed late last month over late filings of year-end 2018 call […]

One third of states show decline or no growth in credit memberships at year ending Q1 ’19; assets overall advance, but two states see shrinkage

June 14, 2019 0

Credit unions nationwide continued to grow in the first quarter, but that growth was concentrated mostly in larger credit unions and in particular states – with some states showing a retraction in memberships and little […]

Risk-based capital proposal for credit unions slated June 20

June 13, 2019 0

A proposed rule on risk-based capital for credit unions is the sole item on the agenda of the June 20 open meeting of the National Credit Union Administration (NCUA) Board. Whether it’s a proposal to […]

Credit union regulator notes payday loan alternative remains on agency agenda; rejects CRA requirement

June 13, 2019 0

A final rule making changes to the payday alternative loan model used by credit unions is “on my agenda,” the board chairman of the federal regulator of credit unions said Wednesday. Participating in a “fireside […]

NCUA releases video on home-buying process

June 11, 2019 0

A video intended to help potential home buyers through the process of finding the right mortgage loan was released Tuesday by the federal credit union regulatory agency. The National Credit Union Administration (NCUA) video, “Understanding […]

3.5% fewer credit unions, 6.3% more assets over 12 months ending March 31

June 6, 2019 0

The nation’s federally insured credit unions declined in number by 195 to a total of 5,335 as the system’s total assets, loans and membership continued to grow over the 12-month period ending March 31, according […]

NCUA-hosted Bank Enterprise Award webinar to focus on bank-CU partnerships

June 5, 2019 0

A federal awards program that encourages banks to increase their community development activities, including through investments in credit unions that are certified as community development financial institutions (CDFIs), will be explained during a June 12 […]

« 1 … 89 90 91 92 93 … 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 [...]