NCUA – Page 147 – Regulatory Report

What's up

[ May 17, 2024 ] Bureau, facing legal challenges, plans extending compliance date for small business lending rule CFPB
[ May 17, 2024 ] Fed Board denies requests for regulatory action on changes to CAMELS ratings, disclosure of ‘Black Lives Matter’ support The Fed
[ May 17, 2024 ] Arkansas bank with Michigan loan production office agrees to settlement of $1.5 million, worker enforcement actions FDIC
[ May 17, 2024 ] Credit union regulator sets report on savings insurance fund, with or without chairman’s attendance NCUA
[ May 16, 2024 ] ‘CFPB here to stay’ director vows following high court’s ruling that funding mechanism is constitutional CFPB

NCUA Comments due

August 1, 2017 0

Requirements for Insurance; National Credit Union Share Insurance Fund Equity Federal Register summary: The NCUA Board (Board) proposes to amend its share insurance requirements rule to provide federally insured credit unions (FICUs) with greater transparency […]

NCUA Comments due

July 31, 2017 0

Emergency Mergers – Chartering and Field of Membership Federal Register Summary: The NCUA Board (Board) proposes to amend in its Chartering and Field of Membership Manual the definition of the term “in danger of insolvency” […]

NCUA Board Meeting

July 11, 2017 0

MATTERS TO BE CONSIDERED: Share Insurance Fund Quarterly Report. Proposed Rule, Part 701, Emergency Mergers. Board Briefing, 2017 Mid-Session Budget. Request for Comments, Closing the Stabilization Fund and Setting the Share Insurance Fund Normal Operating […]

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Bureau, facing legal challenges, plans extending compliance date for small business lending rule

May 17, 2024 0

More time will be allowed to comply with a small business lending rule issued last year by the consumer financial protection agency, it said Friday, “in light of court orders in ongoing litigation.” The Consumer Financial Protection Bureau (CFPB) said [...]
Fed Board denies requests for regulatory action on changes to CAMELS ratings, disclosure of ‘Black Lives Matter’ support

May 17, 2024 0

Two requests for regulatory action – one on disclosure of financial commitments to corporate initiatives – including “Black Lives Matter” — the other on changes to the agency’s rating system for banks — were denied by the Federal Reserve Board, [...]
Arkansas bank with Michigan loan production office agrees to settlement of $1.5 million, worker enforcement actions

May 17, 2024 0

An Arkansas bank operating a loan production office in Michigan has agreed to a $1.5 million civil money penalty (CMP), and nine former employees of the bank have stipulated to individual enforcement actions, the federal bank deposit insurance agency said [...]
Credit union regulator sets report on savings insurance fund, with or without chairman’s attendance

May 17, 2024 0

A quarterly report on the federal insurance program for savings at credit unions is the only item appearing on the May meeting of the credit union regulator’s board, the agency said late Thursday. The National Credit Union Administration (NCUA) Board [...]
‘CFPB here to stay’ director vows following high court’s ruling that funding mechanism is constitutional

May 16, 2024 0

The funding mechanism of the federal consumer financial protection agency is neither novel nor unusual, but an “essential part of the nation’s financial regulatory system,” the director of the agency said in a statement Thursday following a U.S. Supreme Court [...]