An audit of information technology equipment inventory by the National Credit Union Administration (NCUA) found that the agency did not adequately monitor, account, and dispose of all its information technology (IT) equipment and that improvements […]
Programs and initiatives for minority depository institutions, the credit union chartering process and the grant round for low-income credit unions are among the topics to be discussed in an April 24 webinar by the federal […]
An inspector general report on three credit unions that failed in 2018 under the weight of taxi medallion loans, costing the federal share insurance fund an estimated $765.5 million, recommends that the federal regulator improve […]
A credit union that provided financial services to employees of CBS, Inc., Mary Tyler Moore Productions, and CBS/MTM who work in Studio City, California, was liquidated Friday and its assets, loans, shares and members assumed […]
Two individuals formerly associated with credit unions are prohibited from participating in the affairs of any federally insured financial institution under orders announced Friday by the federal credit union regulatory agency. The National Credit Union […]
Both of the federal insurance funds for deposits and savings in banks, thrifts and credit unions are outlined in a new report from the congressional watchdog about federal insurance programs overall – but the report […]
NCUA Board meeting (open)
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 […]
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