On a bipartisan, 2-1 vote, the board of the federal agency that regulates credit unions issued a proposed rule Thursday that would require federal credit union (FCU) boards of directors to establish and adhere to […]
Anthony Cappetta is the new president of the government-sponsored lending facility for credit unions experiencing unusual or unexpected liquidity shortfalls, the federal credit union regulator said Wednesday. His appointment is effective Monday (Jan. 30). A […]
Changes to the first-quarter call report for credit unions will be highlighted during a 90-minute webinar set for Feb. 10 by their federal regulator, the agency said Tuesday. The National Credit Union Administration (NCUA) said […]
Todd Harper’s nomination to a full term on the National Credit Union Administration (NCUA) Board, one of only two nominations approved by the Senate Banking Committee Thursday that won better than a tie vote from […]
Credit unions will be invoiced for operating fees and any adjustments due to their federal share insurance capitalization deposits in March, with payment due no later than April 15, according to a Letter to Federal […]
Credit risk management, cybersecurity, and payment systems are the three top supervisory priorities for the federal credit union regulator, the agency said Tuesday. Overall, the National Credit Union Administration (NCUA) said in its letter to […]
Four of the five federal financial institution regulators have been urged to take actions – ranging in number from one to five – to better protect the personally identifiable information (PII) they collect use, and […]
Two more weeks – to Jan. 31 – have been added for credit unions to complete and submit the voluntary Credit Union Diversity Self-Assessment by the federal credit union regulator, the agency said Tuesday. However, […]
Changes in risk-based capital requirements for federally insured credit unions have triggered changes in call reports, effective for the first quarter of 2022, the federal credit union regulator said Monday. In a release, the National […]
A regulatory alert last week from the federal credit union regulator notes recent changes in two regulatory exemption thresholds under the Truth in Lending Act (TILA/Regulation Z) and Consumer Leasing Act (CLA/Regulation M) that took […]
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