Meeting: NCUA Board
The National Credit Union Administration (NCUA) Board will hold a virtual, public meeting. The meeting will be livestreamed via the agency’s website.
NCUA
NCUA
NCUA says 30-year subordinated debt under Treasury program OK; coming action will clarify reg capital treatment
Low-income-designated credit unions that are eligible to receive funding from Treasury’s Emergency Capital Investment Program (ECIP) may accept 30-year subordinated debt investments from the program, according to the National Credit Union Administration (NCUA). The NCUA […]
NCUA
NCUA, the last federal holdout on ‘CAMELS,’ adds ‘S’ for ‘market sensitivity’ to exam components
A final rule that adds a “market sensitivity” component to the federal examination system for credit unions was approved unanimously Thursday by the National Credit Union Administration (NCUA) Board, with board members voting 3-0 in […]
NCUA
Added CUSO powers approved 2-1 by federal credit union regulator’s board
Credit union subsidiaries – better known as “credit union service organizations” (CUSOs) – will be able to originate any type of loan that a federal credit union (FCU) may originate under a final rule approved […]
CFPB
Regulators – including CFPB – unite for statement on supervisory considerations of LIBOR transition
A joint regulators’ statement that suggested actions banks and nonbanks alike should consider taking to ensure safe-and-sound practices during the transition away from the LIBOR reference rate was joined Thursday by the federal consumer financial […]
NCUA
Credit unions need to take steps to thwart email, wire fraud, risk alert asserts
Use of cloud-based email services is proving to be a target for cybercriminals, and credit unions need to take steps to thwart any exploitation and take preventative steps, the federal credit union regulator said Tuesday. […]
NCUA
Board to consider final rule for expanding lending, services role for credit union service organizations
Finalizing a proposed – and contentious – rule on expanded lending and services provided by federal credit union (FCU) credit union service organizations (CUSOs) highlights the scheduled agenda for next week’s meeting of the federal […]
NCUA
Agency plans webinar to walk credit unions through ‘holistic cybersecurity resource’
Describing it as a “holistic cybersecurity resource” for credit unions, the institutions’ federal regulator has scheduled an Oct. 28 webinar on a new set of tools it has developed to promote digital safety, the agency […]
NCUA
Mentoring grant round for credit unions open through Oct. 29
Credit unions with both minority depository institution (MDI) and low-income (LICU) designations may apply now, through Oct. 29, for the federal credit union regulator’s mentoring grants worth a total of $100,000, the agency said Tuesday. […]
Meeting: NCUA Diversity, Equity and Inclusion Summit 2021 (Day 3 of 3)
The National Credit Union Administration (NCUA) will host its 2021 Diversity, Equity and Inclusion Summit (DEI Summit). Participants of the three-day event will share best practices, address challenges to advancing diversity, and learn how the […]