Banking and credit union regulators have issued a number of proposed and final rules, and issued changes in policies, to carry out the requirements of this year’s regulatory relief law. But as much as they’ve […]
The chief of staff for the federal credit union regulator’s board chairman is leaving the agency for the top job at a state trade association, and her soon-to-be-former boss offered congratulations in a statement Friday. […]
A $3 million-in-assets credit union in Staten Island, N.Y., on Friday became the seventh federally insured credit union liquidated in 2018, the National Credit Union Administration announced. Radio, Television and Communication Federal Credit Union, with […]
A final rule supplementing risk-based capital regulation for credit unions by delaying the effective date by one year will be considered during a meeting of their federal regulator next week (Oct. 18), according to the […]
Submission of written agreements between credit unions and credit union-owned service organizations (CUSOs) will be revised to only apply to new investments in CUSOs under a proposal out for a 60-day public comment period. The […]
Federal and state financial institution regulators teamed up Wednesday to issue a joint statement on supervisory practices regarding financial institutions affected by Hurricane Michael, which careened through the eastern Gulf Coast the same day. The […]
A recent joint agency statement on resource-sharing as a way to better manage Bank Secrecy Act/anti-money laundering (BSA/AML) programs was forwarded individually by regulators to the institutions they supervise – most noting that such collaboration is […]
Federal bank and credit union regulators on Tuesday issued statements and noted resources available to assist institutions in the path of Hurricane Michael, which had grown to a Category 3 storm as it headed toward […]
A webinar providing more information for federally chartered credit unions (FCUs) on recent rule changes affecting membership regulations for the cooperative financial institutions is set for Oct. 24, the federal credit union regulator said Tuesday. […]
Webinar on ‘well-defined, local community’ field of membership for community chartered FCUs During the webinar, titled “Is a Community Narrative Right for Your FCU?” staff from the NCUA’s Office of Credit Union Resources and Expansion […]
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