The National Credit Union Administration (NCUA) is seeking comments on a proposed rule that would provide a simplified measure of capital adequacy for federally insured, natural-person credit unions classified as complex (those with total assets […]
A proposal to create the credit union version of the community bank leverage ratio (CBLR) is out for public comment until Oct. 15, according to a notice in the Federal Register Monday. Issued for comment […]
Title: Capital Adequacy: The Complex Credit Union Leverage Ratio; Risk-Based Capital Subject: Capital adequacy Agency: NCUA Status: Final rule Summary: This final rule provides a simplified measure of capital adequacy for federally insured, natural-person credit […]
A suite of new systems and software tools that federally insured credit unions and federal and state examiners will use for examinations and their follow-up, and more, was detailed in a Letter to Credit Unions […]
Revised guidance on effective authentication and access risk management principles and practices related to digital banking services and information systems was issued Wednesday by the umbrella Federal Financial Institutions Examination Council (FFIEC). The guidance replaces […]
A webinar to discuss the importance of supplier diversity, and how credit unions can implement a supplier diversity program, is scheduled later this month by the federal credit union regulatory agency, according to an email […]
The president’s nomination of Todd Harper, currently chairman of the National Credit Union Administration (NCUA) Board, to a full term on that board went to the Senate Tuesday, according to a White House announcement. The […]
President Joe Biden’s (D) “intent to nominate” NCUA Board Chairman Todd Harper to a term ending in 2027 (and continue as chairman) puts one dent into the long list of financial regulator positions that still […]
The president plans to renominate Todd Harper to be chairman of the National Credit Union Administration (NCUA) Board, the White House said in a release Friday. Senate Banking Committee Chairman Sherrod Brown (D-Ohio) lauded the […]
A letter communicating the June extension of the 18% federal credit union loan rate ceiling through March 10, 2023, was issued Thursday by the National Credit Union Administration (NCUA). The NCUA Board voted June 24 […]
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