Implementing operational efficiencies to reduce overall staffing requirements, while continuing to invest in information technology and data analytics to improve overall performance, is the strategy that the federal regulator of credit unions has adopted in […]
Appraisal requirements were eased for real estate-related financial transactions in areas declared to be a major disaster – including those affected by severe storms and flooding related to Hurricanes Harvey, Irma, and Maria – by […]
The National Credit Union Administration (NCUA) Board holds a public briefing on its 2018-19 budget, and – the following day – a regular board meeting to consider two final rules, and proposing an additional rule. […]
A proposed 2018 budget of $320.9 million for the National Credit Union Administration (NCUA) will be the main topic of a public briefing set for Oct. 18 at the agency’s headquarters in Alexandria, Va. In […]
The Oct. 18 budget briefing will be held in the NCUA Board meeting room and run for approximately two hours. A livestream of the briefing also will be available through a link on ncua.gov. Due […]
In a change of opinion, NCUA’s general counsel has decided the “individual policy” requirement of credit union fidelity bonds does not prohibit a credit union from having a bond also covering its credit union service […]
The “normal operating level” of reserves for the fund that protects savings in credit unions will be reviewed “periodically” by the National Credit Union Administration (NCUA) Board, with action on revising the level taken only […]
National Credit Union Administration Draft 2018-2022 Strategic Plan Federal Register summary: The NCUA Board (Board) is requesting comment on its 2018-2022 Draft Strategic Plan. The NCUA 2018-2022 Draft Strategic Plan summarizes our analysis of the internal and […]
Accuracy of Advertising and Notice of Insured Status Federal Register summary: The NCUA Board (Board) proposes to revise certain provisions of NCUA’s advertising rule to provide regulatory relief to federally insured credit unions (FICUs). The advertising […]
Three comments – all from credit unions – were filed on a proposal to redefine the phrase of “in danger of insolvency ” for purposes of an emergency merger, issued by the National Credit Union […]
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