The National Credit Union Administration (NCUA) Board will meet in open session on the following: 2020 Annual Performance Plan. Board Briefing, Civil Money Penalty Statutory Inflation Adjustment. Proposed Rule, Part 708a, Subpart D, Credit Union […]
One prohibition notice and one prohibition order were issued by the federal credit union regulator in December, the agency said Tuesday, essentially meaning the individuals subject to the actions are prohibited from participating in the […]
The federal regulator of credit unions is working to update operating agreements with state supervisors and plans to create a formal process for improving documentation of supervisory examiner decisions following its own reviews of state […]
Fifteen recommendations for strengthening the National Credit Union Administration’s (NCUA) information security program are detailed in a fiscal 2019 inspector general report on the agency’s compliance with the Federal Information Security Modernization Act of 2014 […]
About 89% of all federally insured credit unions had positive net income during the first three quarters of the year – but all credit unions in Alaska, Maine, Nevada, New Hampshire, and Vermont had positive net […]
A rule to subject some credit unions to “risk-based capital” (RBC) requirements was delayed until 2022 on a split vote of the board for the federal regulator of credit unions Thursday. The delay is the […]
Federally insured credit unions (FICUs) saw continued, albeit slowing, loan growth during the four quarters ending Sept. 30, with total loans growing 5.9% during the period, down from 9.5% for the same period ending 12 […]
A final rule likely providing for a new delay in implementation of a risk-based capital rule that applies to “complex” credit unions is slated for action next week by the National Credit Union Administration (NCUA) […]
A brief, but exacting, lecture on financial regulator independence was delivered by the top Democrat of the Senate Banking Committee to the top federal credit union regulator at a hearing Thursday in Washington. Sen. Sherrod […]
Examination procedures related to compliance with anti-money laundering (AML) laws by money transmitter businesses should be updated, and examiners should be provided with training, the congressional watchdog recommends (among other things) in a report issued […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info