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.
A Dec. 2 comment deadline is the next item in the timeline toward eventual approval of the 2020-2021 budget for the National Credit Union Administration (NCUA). The agency held a public briefing on the proposed […]
Mike McKenna, general counsel for the National Credit Union Administration since 2011, has retired from the agency and will be replaced in “acting” capacity by Frank Kressman while a search for a replacement proceeds, the […]
An audit of the federal credit union regulator’s schedule of “other assets and contributed capital” – including the National Credit Union Share Insurance Fund (NCUSIF), the NCUSIF asset management estates and the agency’s operating fund – […]
Regulatory action on banks’ derivatives contracts exposures and the definition of high volatility commercial real estate (“HVCRE”) exposure, a final rule on credit union real estate appraisal requirements, and a public briefing on the federal […]
Improvements in the timeliness and source linkages for community development award data reported to Treasury by the National Credit Union Administration (NCUA) are recommended in a Nov. 8 report of the credit union regulator’s Office […]
The federal credit union regulator will consider a final, new policy regarding statutory prohibitions of individuals from financial institution service – called the agency’s “second chance” proposal – and a proposal on residential real estate […]
The Business Continuity Management booklet within federal financial institution regulators’ Information Technology Examination Handbook has been revised to emphasize the importance of ensuring financial institutions’ preparedness to avoid disruptions in operations and to recover services. […]
The federal regulator of credit unions is revising its Credit Union Profile form to collect information helpful to examiners in determining federally insured credit unions’ (FICUs) exposure to LIBOR – the London Interbank Offered Rate […]
Testimony by the nation’s top central banker, a second webinar for credit unions interested in government-backed small-business lending, release of a Nov. 21 credit union regulatory board meeting agenda and more are on federal financial […]
The board of the federal credit union regulator last month upheld denials of two low-income federal credit unions’ appeals related to requested secondary capital authority, according to written decisions posted on the agency’s website. The […]
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