The National Credit Union Administration (NCUA) Board is proposing to amend its regulations to revise the $10 billion asset threshold used for assigning supervision of consumer federally insured credit unions (FICUs) to the Office of […]
A proposal raising from $10 billion to $15 billion the asset size of certain federally insured credit unions (FICUs) whose supervision is handled by an office assigned to large, complex institutions is out for public […]
Title: Asset Threshold for Determining the Appropriate Supervisory Office Subject: ONES supervision Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is amending its regulations to revise the $10 billion asset threshold used for […]
A $43 million, Georgia credit union will soon be back in the hands of its members after being conserved about two years ago, its federal regulator said Tuesday. Southern Pine Credit Union of Valdosta, Ga., […]
Fintech and cryptocurrency were among the key topics Tuesday of addresses by two members of the National Credit Union Administration (NCUA) Board before a Washington, D.C., audience of credit union leaders and staff. Speaking before […]
Credit unions can expect a review of their overdraft fee programs during examinations this year, their federal regulator’s ultimate intent being to use what’s learned in the reviews for “a more thorough review” next year, […]
A former Ark City Teachers Credit Union employee who allegedly embezzled some $1.024 million from the Arkansas City, Ark., institution is barred from any future involvement in the affairs of a federally insured depository institution […]
More than $560 million will be distributed to more than 2,100 credit union shareholders by their federal regulator, the agency said Monday, in capital and dividends from conserved “corporate” credit unions. The distributions are expected […]
Big or small, financial institutions around the U.S. should be on guard for cyberattacks following Russian’s invasion of Ukraine, and allied responses to it, the federal credit regulator said Thursday. Passing along two alerts from […]
Webinars on changes in the first credit union call report of 2022, and for the regulatory exam rating system, are planned by their federal regulator for March 8 and 10, respectively. The National Credit Union […]
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