Title: Request for Comment Regarding National Credit Union Administration Operating Fee Schedule Methodology Subject: Operating fees Agency: NCUA Status: Notice and request for comment Summary: The NCUA Board (Board) is requesting comment on changes to […]
Pay and benefit costs coming in slightly under projection is the reason for one-third of a $5.1 million operating budget surplus expected by year-end at the National Credit Union Administration (NCUA), the agency’s chief financial […]
This story updated based on Federal Register notice July 26. A final rule giving federal credit union (FCU) boards authority to expel a member for cause was approved July 20 by the National Credit Union […]
Regulators and insurers of credit unions and other federal financial institutions “have a duty to ensure” the institutions they oversee remain resilient against financial risks due to climate-related events, among all material risks, the leader […]
A final rule that would create within Appendix A of the agency’s federal credit union (FCU) standard bylaws a policy for expelling members who may be a threat to others is slated for action during […]
Comments are due Aug. 28 on the federal credit union regulator’s June proposal to clarify requirements for a credit union to receive and maintain a “minority depository institution” designation, according to a recent notice in […]
Title: Minority Depository Institution Preservation Program Subject: Minority depository institutions Agency: NCUA Status: Proposed IRPS amendments Summary: The NCUA Board is issuing proposed revisions to Interpretive Ruling and Policy Statement (IRPS) 13–1, regarding the […]
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 […]
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