Meeting: NCUA Board (open meeting)
The National Credit Union Administration (NCUA) Board is scheduled to meet in open session.
NCUA
NCUA
Temporary Regulatory Relief in Response to COVID-19 (loan participations)
Title: Temporary Regulatory Relief in Response to COVID-19 Subject: Loan participations Agency: NCUA Status: Temporary final rule Summary: The NCUA Board (Board) is temporarily modifying certain regulatory requirements to help ensure that federally insured credit […]
COVID-19 actions
Real Estate Appraisals
Title: Real Estate Appraisals Subject: Appraisals (coronavirus response) Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is adopting as final an interim final rule to temporarily amend its regulations requiring all federally insured […]
COVID-19 actions
NCUA letter notes last week’s temporary rule changes amid coronavirus crisis, other relief
A new letter from the federal regulator of credit unions offers a quick summary of last week’s temporary rule changes for credit unions’ occupancy and disposal of acquired and abandoned premises, purchase of eligible obligations, […]
COVID-19 actions
Temporary rules for credit unions on appraisal deferrals, loan participations set to take effect Tuesday
New interim final rules for credit unions on a temporary deferment of appraisals and raising the maximum amount of loan participations go into effect Tuesday, when they are scheduled to be published in the Federal […]
Regulator webinar on interagency statement on loan modifications and reporting
“Ask the Regulators” webinar on the interagency statement on loan modifications and reporting The federal financial institution regulatory agencies will host an interagency webinar on Friday, April 24, 2020, beginning at 3 p.m. Eastern. This Ask […]
COVID-19 actions
Regulators reschedule webinar for April 24, will focus on loan modifications during the pandemic
Accounting and regulatory reporting considerations of a revised interagency statement issued April 7 on loan modifications and reporting by financial institutions working with customers affected by the coronavirus (COVID-19) are the subject of a webinar […]
NCUA
Credit unions urged to join CLF to maximize liquidity available to credit unions, share insurance fund
The federal regulator of credit unions issued a letter to the industry Thursday emphasizing the importance of as many credit unions as possible subscribing to its liquidity facility to maximize support to all credit unions, […]
NCUA
Credit union regulator adopts temporary reg relief, appraisal relief amid COVID-19; appraisal threshold raised to $400k
Two interim final rules to give regulatory relief, as well as temporary real estate appraisal relief, to credit unions through Dec. 31 of this year amid the ongoing coronavirus (COVID-19) pandemic were adopted unanimously by […]
FDIC
Agencies emphasize risk-focused approach in BSA/AML exam manual updates
Updates to the manual used to guide examinations of banks’ and credit unions’ compliance with Bank Secrecy Act/anti-money laundering (BSA/AML) requirements – to promote transparency but setting no new requirements – were released Wednesday by […]