The National Credit Union Administration (NCUA) is “closely monitoring” Hurricane Florence, has provided information resources online and, if necessary, “will be ready to assist credit unions with maintaining or restoring operations,” the agency said in […]
The Senate Banking Committee Tuesday postponed its Thursday hearing featuring leaders from the three federal banking agencies and the federal credit union regulator. No reason was given for the postponement, and no new date was […]
Five policies and practices aimed to clarify use of supervisory guidance were issued in a joint statement Tuesday by the five federal financial institution regulatory agencies, which the agencies said were meant to clarify that […]
A former state regulator, and a supervisory examiner for the federal regulator of the secondary mortgage market, is now the associate Region V director of programs at the National Credit Union Administration (NCUA), the agency […]
Credit unions eligible for a partial exemption from mortgage data reporting under the recently enacted regulatory relief law should report non-exempt data points this year, even if they collected all data points prior to the […]
Questions about rulemaking under the recently enacted regulatory relief law – with the first hearing set to feature appointees to the four bank and credit union agencies by the current president – will get at […]
NOTE: The Banking Committee postponed this hearing from Sept. 11 Hearing on Implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S.2155). Scheduled witnesses are: Joseph M. Otting, Comptroller, Office of the […]
The federal regulator of credit unions has selected Towanda Brooks to head its human resources operation, the agency announced Thursday. Brooks, named director of the Office of Human Resources for the National Credit Union Administration […]
Federally insured credit unions (FICUs) saw growth in total assets of 5.8% ($79 billion) to $1.43 trillion during the 12-month period ending June 30, while lending was up 9.8% ($89 billion) to a total of […]
President Donald Trump’s appointees to each of the four federal bank and credit union regulatory agencies will testify together for the first time during a Senate Banking Committee hearing next week on implementation of the […]
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