Spending of $394.5 million in 2024 is being proposed by the federal credit union regulator, an increase of 9.5% from the previous year, the agency said Thursday. The National Credit Union Administration (NCUA) also announced […]
Title: Simplification of Share Insurance Rules Subject: Share insurance; trust accounts, MSAs Agency: NCUA Status: Proposed rule Summary: The NCUA Board (Board) is seeking comment on proposed amendments to its regulations governing share insurance coverage. […]
Credit unions should begin decreasing overdraft fees – or drop them altogether — the top federal regulator of the institutions said in a speech late Tuesday. In remarks to a credit union group meeting in […]
A proposal to add a new section to the agency’s rules and regulations that incorporates current policy allowing individuals convicted of certain minor offense to work in the credit union industry without applying for approval […]
A proposal that would conform the agency’s own federal share insurance coverage rules with changes implemented in 2022 by the federal bank deposit insurance agency were issued for comment Thursday by the National Credit Union […]
Simplification of rules for federal savings insurance at credit unions is one of three topics on the federal credit union regulator’s board agenda for the meeting of Oct. 19, the agency said Thursday. The National […]
The resumption this month of federal student loan repayments may lead to difficulty for credit union members in their ability to repay other outstanding loans, and the federal credit union regulator said in a letter […]
The president’s nominee to a six-year term on the National Credit Union Administration (NCUA) Board is slated to testify before the Senate Banking Committee Oct. 19, according to the committee’s website. Tanya Otsuka, nominated Sept. […]
The board of the federal credit union regulator will hold 11 meetings in the upcoming year, keeping with its tradition of skipping a meeting in the late summer months. In releasing its meeting schedule for […]
A final rule that updates and clarifies federal rules on credit union loan participations, shifting the regulatory framework from a prescriptive structure to a principles-based system, is slated to take effect Oct. 30, according to […]
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