A long-time credit union industry insider is now the chief of staff for its federal regulator, the chairman of the agency’s board announced Wednesday. Sarah Bang was named to the position, which also carries the […]
Re-examining the current budgeting process for the federal credit union regulator is the top priority of the agency’s new board chairman as outlined late Wednesday in a press release. Kyle S. Hauptman, a Republican appointee […]
No new rules – “in any manner” – may be proposed or adopted by federal regulators, including those overseeing financial institutions until those rules are reviewed and approved by an agency head appointed or designated […]
Change came rapidly Tuesday to federal financial institution regulatory agencies with the new Trump administration, as at least two new leaders were named at two agencies. More changes could be coming in the days ahead. […]
Credit unions are not offsetting income from overdraft (OD) and non-sufficient funds (NSF) fees through reduced fees for other services or lower interest rates, according to a “research note” issued Thursday by the institutions’ federal […]
A 2025 performance plan was adopted by the federal credit union regulator’s board Thursday, outlining specific methods and targets about how the agency will measure its performance. The agency board adopted the plan unanimously at […]
A statement on supervisory practices affecting banks and credit unions in areas of California ravaged by wildfires was issued Tuesday by federal banking and credit union regulators, along with the California financial institution supervisor. The […]
Julie Cayse is the new Western Region director for the federal credit union regulator, the agency said Monday; her appointment was effective Sunday, Jan. 12. Cayse most recently served as associate regional director of operations […]
A new cyber incident reporting webform is available to credit unions, their federal regulator said Monday, along with an updated quick reference guide. The National Credit Union Administration (NCUA) said the webform is a “convenient […]
The federal regulator of credit unions placed $10 million-in-assets Butler Heritage Federal Credit Union (FCU), Middletown, Ohio, into conservatorship Friday, the agency said in a release. The National Credit Union Administration (NCUA) said it took […]
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