22mar18 – Regulatory Report

What's up

[ January 23, 2026 ] ‘Repurposing’ of ‘unspent, past years’ budgets’ leads to lower credit union fees to fund agency NCUA
[ January 23, 2026 ] Small CA credit union conserved by NCUA NCUA
[ January 22, 2026 ] NCUA proposes allowing FCUs to reimburse volunteer officials for dependent care costs NCUA
[ January 22, 2026 ] Credit union regulator notes 12% decrease in liquidity facility budget for 2026 NCUA
[ January 22, 2026 ] Ford, GM Utah-chartered industrial banks receive conditional deposit insurance coverage FDIC

Letter offers clarity on impact of credit union ‘service facility’ final rule

March 18, 2022 0

Ownership requirements related to shared locations are the only change made for multiple-common-bond federal credit unions adding groups or underserved areas under a new rule that took effect late last year, the institutions’ federal regulator […]

USAA FSB hit with $140 million in penalties over ‘willful’ BSA violations

March 17, 2022 0

A combined $140 million in civil money penalties was imposed against USAA Federal Savings Bank (FSB) in consent orders Thursday that cited the bank for Bank Secrecy Act/anti-money laundering (BSA/AML) violations, among them the failure […]

‘Repurposing’ of ‘unspent, past years’ budgets’ leads to lower credit union fees to fund agency

January 23, 2026 0

Fees paid by credit unions in 2026 to fund their federal regulator will fall by an average of 24.6%, the agency said Friday, calling this the result of reductions in staffing, rearrangement of expenses and crediting of “unspent collections” of [...]
Small CA credit union conserved by NCUA

January 23, 2026 0

The $16.5 million-in-assets Beverly Hills City Employees Federal Credit Union, Beverly Hills, Calif., was conserved Thursday by the National Credit Union Administration (NCUA), the agency said in a release. In its announcement late Thursday, the NCUA said member services will [...]