Growth last year in membership, assets, and loans for minority deposit institution (MDI) credit unions is being touted by their federal regulator in a report issued to Congress Wednesday. According to the National Credit Union […]
A final policy statement on commercial real estate loan accommodations and workouts, designed to reinforce and build on existing supervisory guidance, was released June 29 by federal banking and credit union regulators. The policy statement, […]
Title: Charitable Donation Accounts Subject: Incidental powers Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is amending the charitable donation accounts (CDAs) section of the NCUA’s incidental powers rule. Specifically, the Board […]
Many of the COVID-19 related guidance points for credit unions were rescinded Thursday by their federal regulator, which noted the cessation of the federal government’s public health emergency declaration in early April. The National Credit […]
The asset threshold would be raised to $2 million for exempting credit unions from paying annual operating fees to their federal regulator under a proposal issued by the agency board Wednesday. Released with the unanimous […]
A rule proposed in early June that recognizes the increasing frequency of use of automated valuation models (AVMs) by mortgage lenders in determining the value of property is out for comment until Aug. 21, according […]
Title: Quality Control Standards for Automated Valuation Models Subject: Residential mortgage valuation Agency: CFPB, Federal Reserve, FDIC, FHFA, NCUA, OCC Status: Proposed rule Summary: The Office of the Comptroller of the Currency (OCC), Federal […]
Testimony from the president’s nominees for Federal Reserve Board terms and public discussion of the National Credit Union Administration’s operating fee schedule methodology are slated over the next two days. On Wednesday, the Senate Banking […]
Credit unions are being warned to take action against a vulnerability in a popular file transfer application among financial institutions known as “MOVEit,” their federal regulator said Friday. According to the National Credit Union Administration […]
Capital and liquidity, cybersecurity, consumer financial protection, and inclusion will be the priorities for the federal credit union regulator in the years ahead, the chairman of the agency’s board said Tuesday. Speaking to a conference […]
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