Title: Civil Monetary Penalty Inflation Adjustment Subject: CMP Agency: NCUA Status: Final rule Summary: The NCUA Board is amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction […]
Rodney Hood has been renominated by the White House for a second term on the NCUA Board to take the place of Rick Metsger, a Democrat, whose term expired last year (but who may remain […]
The maximums for civil money penalties assessed by the federal credit union regulator will increase 2.5% under a final rule of the National Credit Union Administration (NCUA) Board, which on Thursday also approved a member […]
The federal credit union regulator’s inspector general office has a long list of audits and reviews ahead of it in 2019, including “new starts” that seem likely to include material loss reviews of the largest […]
The snowfall and chill of the first big winter storm to hit the nation’s capital forced federal financial institution regulators to close for the day, along with other agencies not already affected by the partial […]
A new policy on public disclosure of proposed mergers between credit unions – and facilitating public comments on the mergers – made effective in October by the federal regulator of credit unions has so far netted three […]
Just minutes after the powerful chairwoman of a House committee overseeing their agencies issued a letter to them, the five federal financial institution regulators issued a joint statement encouraging financial institutions to work with consumers affected […]
All federal financial institution regulatory agency leaders are being urged to “consider the needs of consumers who may be experiencing temporary financial hardship in meeting credit obligations as a result of the Trump shutdown” by […]
A May 2018 report on a now-closed inspector general investigation into an anonymous complaint that the National Credit Union Administration (NCUA) Board chairman and the agency’s chief of staff incur “extravagant” travel expenditures was published, […]
The brief agenda released Thursday for the federal credit union regulator’s first open board meeting of 2019 includes one regulatory matter for consideration – Illinois’ member business loan rule – as well as the year’s performance plan […]
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