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.
Title: Subordinated Debt Subject: Capital Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is amending various parts of the NCUA’s regulations to permit Low-income Designated Credit Unions, Complex Credit Unions, and New Credit […]
A proposed rule on subordinated debt for credit unions was published Tuesday in the Federal Register, officially opening the four-month-long comment period on the proposal, six weeks after the regulator board voted to issue it […]
The former general counsel of the National Credit Union Administration (NCUA), then also the agency’s designated ethics official, retired from the agency a day after his interview with the agency inspector general’s office over allegations […]
An Office of Inspector General (OIG) report addressing allegations of potential harassment within the federal credit union regulatory agency describes activities that are “unacceptable and do not represent the values of the agency,” the chairman […]
Credit unions earned $14.1 billion in 2019, up 8.8% (or $1.1 billion) from 2018, the federal credit union regulator reported Thursday in releasing year-end financial performance numbers, the most profitable year-end performance in at least […]
Honoring the 155th anniversary of the “Freedman’s Bank” – the financial institution created in the wake of the Civil War to provide financial services (and opportunity) to recently emancipated enslaved people – brought together federal […]
Eleven former credit union employees, two from the same credit union in Michigan and two from the same credit union in Indiana, were barred from future participation in the affairs of any federally insured financial […]
Including “consumer financial protection” among his four priorities as a credit union regulator, National Credit Union Administration (NCUA) Board Member Todd Harper on Wednesday reiterated his desire to see the agency strengthen its own focus […]
A webinar focusing on credit union service to low-income and underserved communities will be hosted March 11 by the National Credit Union Administration’s (NCUA) Office of Credit Union Resources and Expansion and will include representatives […]
The federal credit union regulatory agency’s recent sale of taxi medallion loans acquired through liquidations of credit unions was preceded by a “thorough” vetting of bidders to ensure only reputable firms dedicated to working in […]
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