The federal fund that insures shares (savings) in credit unions closed 2021 at an equity ratio (reserves to insured shares) of 1.26% and is expected to dip slightly to 1.25% by June 30, agency staff […]
Clarifying certain expectations for credit unions contemplating the use of new or emerging distributed ledger technologies (DLT) is the focus of a letter issued Wednesday to all of the federally insured cooperatives insured by the […]
The president’s renomination of Todd M. Harper to a full term on the National Credit Union Administration (NCUA) Board appears to be nearing a Senate vote this week under a unanimous consent agreement – a […]
A six-month report to Congress by the inspector general of the federal agency that charters and regulates credit unions gives a few details of the circumstances surrounding three credit union liquidations conducted from last December […]
The federal fund that insures savings at credit unions will be the topic of a report for the board of the financial institutions’ federal regulator – and the only item on the agenda – when […]
Oversight of third-party vendors would be granted to the federal credit union regulator under legislation approved by a House committee Wednesday, spurring the leader of the agency to praise the move. The House Financial Services […]
Federal flood insurance law and federal regulators’ implementing rules are the topic of revised questions and answers (Q&As) released late Wednesday by federal financial institution regulators and the Farm Credit Administration (FCA). According to the […]
Resources for community development investments being sought by credit unions is the focus of a June 2 webinar sponsored by the Community Development Financial Institutions (CDFI) Fund and the federal credit union regulator, the agency […]
Protecting older Americans against financial exploitation is the goal of a May 19 webinar hosted by the federal credit union regulator, the agency said Wednesday, adding that the federal consumer financial protection agency will also […]
Prompt corrective action (PCA) changes affecting earnings retention and the filing of net worth restoration plans remain in place through March 31, 2023, the National Credit Union Administration (NCUA) announced Friday in an NCUA Express […]
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