Meeting: NCUA Board (open meeting)
The National Credit Union Administration (NCUA) Board is scheduled to meet in open session.
NCUA
Meeting: NCUA Board (open meeting)
The National Credit Union Administration (NCUA) Board is scheduled to meet in open session.
Comments due: FDIC, Federal Reserve, NCUA, OCC (notice; revisions to flood insurance Q&A)
The OCC, Board, FDIC, FCA, and NCUA propose to reorganize, revise, and expand the Interagency Questions and Answers Regarding Flood Insurance and solicit comment on all aspects of the amendments. Significant topics addressed by the […]
Comments due: NCUA (request for information; examination modernization)
The National Credit Union Administration (NCUA) is conducting a comprehensive study of alternative procedures to modernize the agency’s examination program, the aim being to improve efficiency and effectiveness in achieving the NCUA’s mandates under the […]
COVID-19 actions
NCUA info collection requests support PCA, low-income measures set amid COVID-19
Two information collections related to the federal credit union regulator’s implementation of some prompt corrective action (PCA) easing due to the COVID-19 pandemic and its change in methodology for determining whether a credit union qualifies […]
FDIC
Transparency on BSA/AML enforcement aim of joint agency statement (supersedes statement from 2007)
A statement intended to clarify and provide transparency on how regulators evaluate enforcement actions required by law in response to Bank Secrecy Act/anti-money laundering (BSA/AML) violations was issued jointly by federal bank and credit union […]
NCUA
NCUA alert briefs credit unions on CFPB payday rule, which remains stayed under court order
The National Credit Union Administration (NCUA) on Thursday issued a regulatory alert outlining for credit unions the key provisions of the Consumer Financial Protection Bureau’s (CFPB) payday lending rule, as revised last month. The NCUA […]
CFPB
Back to school? Agencies plan webinar on financial literacy (with a section on doing so during pandemic)
Apparently expressing confidence that students will be actually returning to their schools over the next few weeks, federal bank, credit union, and consumer financial protection regulators are scheduling a webinar late this month on financial […]
NCUA
Credit union regulator clangs warning bell on fraud linked to coronavirus crisis
Risk of fraud associated with the financial impact of the coronavirus crisis is the emphasis of a new risk alert issued Thursday by the federal regulator of credit unions. The alert (20-RISK-02) from the National […]
NCUA
NCUA’s Harper appointed to NeighborWorks America board
National Credit Union Administration (NCUA) Board Member Todd Harper was named Thursday by the agency’s chairman to the board of NeighborWorks America, a public-private organization that works to promote affordable housing and community development, the […]