A four-slide presentation related to Thursday’s National Credit Union Administration (NCUA) Board meeting shows the agency expects its deregulation project – which recently announced a ninth “phase” – to continue to late 2026 or early […]
A rule that would, among other things, have federal bank and credit union regulators “consult” with the Financial Crimes Enforcement Network (FinCEN) on certain anti-money laundering/countering the financing of terrorism (AML/CFT) actions was issued Tuesday […]
Eligibility for credit union membership through an associational group would not be automatically denied solely because members of the group did not purchase a product or service of the institution under a proposal issued Tuesday […]
Brokered and reciprocal deposits, and a deregulation plan, are on the agenda for a meeting of the one-member board of the federal credit union regulator set for April 9, the agency said late Thursday. The […]
A small Pennsylvania credit union was liquidated after the federal regulator found it “was insolvent and had no prospect for restoring viable operations,” the agency said late Wednesday. Copper & Glass Federal Credit Union (FCU) […]
Theft and bank fraud convictions has led to the prohibition of two former credit union workers, the federal agency announced Tuesday. The National Credit Union Administration (NCUA) said Jacqueline Burns, former employee of Galveston Government […]
No limits on purchase or participation in indirect auto loans serviced by a third party would be imposed on credit unions under a proposal issued by their federal regulator Tuesday. In its so-called “eighth round” […]
The latest life-of-loan—or Weighted Average Remaining Maturity—factors are included in the March 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the allowance for credit losses on loans […]
A February memorandum counts balance sheet management, “redefinining” regulatory and supervisory approaches, and agency realignment following a 23% reduction in staff among the top management and performance challenges for the National Credit Union Administration (NCUA) […]
The federal credit union regulator’s board – which consists solely of its chairman, Kyle Hauptman – held a closed meeting Tuesday on what was listed as a board appeal, according to information on the agency’s […]
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