Three final rules will be taken up – one each from October through December – affecting permissible activities by credit union service organizations (CUSOs), the definition of shared facilities, and the purchase of mortgage servicing […]
A small Charleston, S.C., credit union became the third to be liquidated this year by the federal credit union regulator late last week, as the agency determined it was insolvent and had no prospect for […]
A proposed rule on subordinated debt will be on the agenda of the federal credit union regulator’s board when it meets Sept. 23, according to an agenda published Thursday by the agency. According to the […]
A report that provides a state-by-state look at second quarter 2021 data from credit unions’ call reports, focusing on median growth trends, was released Wednesday by the federal credit union regulator. The National Credit Union […]
A survey pilot set to launch Monday and administered by the agency’s ombudsman will seek input from credit unions on the agency’s pre-examination, reporting, and post-examination requirements, the National Credit Union Administration (NCUA) said in […]
The federal regulator of credit unions is making $100,000 available for minority depository institution (MDI) mentoring grants to eligible credit unions, the agency announced Wednesday. The National Credit Union Administration (NCUA) said federally insured credit […]
Credit unions saw their net income rise by more than 77% in the first half of 2021, from year-end 2020, expanding it to $21.3 billion over the six-month period, the federal regulator of credit unions […]
More than 100 low-income credit unions were awarded grants totaling $1.5 million to expand their outreach to underserved communities and improve digital services and security, the federal credit union regulator said Sept. 1. The grants […]
Credit unions seeking certification as community development financial institutions (CDFIs) can apply for a streamlined qualification process at the National Credit Union Administration (NCUA) between Sept. 12 and Oct. 15, the agency said Wednesday. Credit […]
The National Credit Union Administration (NCUA) will hold a webinar to discuss the importance of supplier diversity, and how credit unions can implement a supplier diversity program. Titled “Supplier Diversity as a Business Practice: Where […]
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