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 […]
State profiles of bank and credit union trends during the fourth quarter of 2018, along with economic indicators, were released Thursday by the Federal Deposit Insurance Corp. (FDIC) and National Credit Union Administration (NCUA). The […]
The fund that insures savings in credit unions had $226.5 million in net income last year and a net position of $15.7 billion as of Dec. 31, according to a report Thursday to the National […]
This story has been updated to link to the scheduled March 25 Federal Register notice of final rule. Final credit union loan rule changes that regulators say will reduce regulatory burden, improve clarity and ease […]
The federal regulator of credit unions released its 2018 annual report Wednesday, highlighting last year’s share insurance fund distribution to credit unions, ongoing efforts to modernize the examination process, federal credit union (FCU) chartering and […]
The two members of the board that guides the federal regulator of credit unions on Tuesday credited their ability to work together in a nonpartisan fashion with the reforms the agency has achieved in recent […]
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