The NCUA Board proposes to amend its regulations governing the responsibilities of a federally insured credit union (FICU) to obtain an annual supervisory committee audit of the credit union. The proposal implements recommendations outlined in […]
The NCUA Board is amending its regulations regarding loans to members and lines of credit to members to reduce regulatory burden, improve clarity, and make compliance easier. The amendments make the NCUA’s regulations more user […]
The NCUA Board will meet in open session to consider one item: NCUA Rules and Regulations, Compensation in Connection with Loans to Members. A closed meeting will follow; the closed meeting agenda includes a consent […]
Ask the Regulators: Changes to the Current Expected Credit Losses accounting standard The webinar will cover the significant differences financial institutions should expect in their accounting procedures following the CECL changes, scheduled for 2022. Hosted […]
More information about a more than $160 million dividend distribution to credit unions from the federal insurer of credit union savings – to be paid in the second quarter of the year (which starts next […]
A webinar on the new current expected credit loss (CECL) accounting standard that will cover “significant differences” credit unions and other financial institutions should expect once the standard takes full effect is set for April […]
Federal banking and credit union regulators – along with state supervisory authorities – will provide “appropriate regulatory assistance” to financial institutions they oversee that are affected by the massive flooding in the upper Midwest, the […]
A new system of record keeping meant to fulfill the agency’s obligations under federal privacy statutes is up for comment by the federal credit union regulators; a notice is set to be published Tuesday in […]
Title: Loans to Members and Lines of Credit to Members Subject: Lending Agency: NCUA Status: Final rule Summary: The NCUA Board is amending its regulations regarding loans to members and lines of credit to members […]
Rodney E. Hood and Todd M. Harper were confirmed by the Senate late Thursday on a unanimous consent vote to two seats on the NCUA Board. Once they are sworn into office, the pair will […]
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