The second round of the federal credit union regulator’s “deregulation project” was released this week, with four of the agency’s rules proposed for either deletion or revision. The National Credit Union Administration’s (NCUA) deregulation project […]
The latest version of a tool for navigating current expect credit loss (CECL) accounting requirements for small, complex credit unions was released Thursday by the federal credit union regulator as part of a quarterly update. […]
No change in the projected year-end equity ratio of the National Credit Union Share Insurance Fund (NCUSIF) is offered in the latest briefing on the fund, provided during Thursday’s open meeting of the National Credit […]
The combined budgets of the National Credit Union Administration (NCUA) in 2026 will total $316.15 million, about $2.36 million more than proposed but 20% below the agency’s 2025 budget, according to action apparently taken Wednesday […]
With no mention of board “action,” the agenda for next week’s open meeting of the currently one-member National Credit Union Administration (NCUA) Board lists only two briefings: one on the quarterly share insurance fund report […]
Calling it the “first round” of proposed regulatory changes, the federal credit union regulator Wednesday released a laundry list of rules it said it intends to change or remove. According to the National Credit Union […]
A new credit union will soon be offering financial services – including mortgages and home equity loans — to its membership in the Bay Area of California, its federal regulator said Monday. The charter for […]
Credit unions posted increases across a wide variety of performance metrics in the third quarter, their federal regulator said Friday, compared to the same period one year earlier. Those included, the National Credit Union Administration […]
Total losses to credit unions’ federal share insurance fund due to credit union failures amounted to about $18.4 million from April through September, according to a recent inspector general semiannual report supplied to Congress. The […]
A small Pennsylvania credit union was placed into conservatorship by its federal regulator late Tuesday, which cited “unsafe and unsound practices,” the agency said. Copper & Glass Federal Credit Union in Glassport, Pa. – which […]
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