Seven former credit union employees were barred from any future involvement in the affairs of a federally insured financial institution under six prohibition notices and one order issued in January, according to a release Friday […]
A supervisory matter is the sole agenda item published for a Feb. 6 special meeting announced Thursday for the National Credit Union Administration (NCUA) Board. The meeting is set for 10 a.m. in the board […]
Comments are due to the National Credit Union Administration (NCUA) on its proposed rule to add regulatory language governing credit unions’ acquisitions of bank assets. The proposal, released Jan. 23, would add subpart D to part […]
A proposed rule to add regulatory language governing credit unions’ acquisitions of bank assets has a public comment deadline of March 30, according to a notice in Thursday’s Federal Register. The proposal, released Jan. 23 […]
Title: Combination Transactions with Non-Credit Unions; Credit Union Asset Acquisitions Subject: Acquisitions Agency: NCUA Status: Proposed rule; reopening of comment period Summary: The NCUA Board (Board) proposes to add subpart D to part 708a of […]
A new executive director – the highest staff position – for the federal credit union regulator was named Thursday following the announcement of the retirement of the current incumbent in the position. The agency also […]
Continuing a rate cap in place since 1987, the federal credit union (FCU) regulator on Thursday approved continuing the 18% loan interest-rate ceiling in effect for loans made by federal credit union loans for another […]
A new rule intended to clarify requirements for a federally insured credit union (FICU) when it proposes to acquire or merge with a bank or other institution was proposed by the National Credit Union Administration […]
A 275-plus page – and controversial – proposal to give some federally insured credit unions the ability to issue subordinated debt to help them meet their risk-based capital requirements was issued for a 120-day comment […]
Forty percent of the seats to be filled for federal financial institution regulatory leadership were addressed last week when the White House announced the president’s intention to nominate two to the Federal Reserve Board – […]
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