The National Credit Union Administration will hold a public briefing on the agency’s draft 2021-2022 budget. Requests to present during the briefing were due Nov. 20; materials for the presentation must be submitted by Nov. […]
A new examination component evaluating market risk sensitivity is expected, according to indications by management, to move closer to being included in the federal credit union regulator’s examination system in 2021, according to the agency […]
Rodney Hood, the current chairman of the National Credit Union Administration (NCUA) Board, issued a brief statement Monday thanking J. Mark McWatters, who resigned Friday, for his service on the board. “Board Member Mark McWatters’ […]
Federally chartered credit unions may adopt or continue following a special bylaw authorized by their regulatory agency to facilitate remote annual membership, board, or special membership meetings in 2021, the agency said in a letter […]
Although only about 2.3% of federally insured credit unions responded to its voluntary diversity self-assessment survey in 2019, the federal credit union regulator heralded Friday the fact that participation in the survey has grown 46% […]
The last time the federal credit union regulator disclosed the equity ratio of the insurance fund that protects credit union member deposits was in September, and that ratio – 1.22% – was 16 basis points […]
The federal banking and credit union regulators Thursday released a fact sheet meant to clarify Bank Secrecy Act due diligence requirements for credit unions and banks that offer services to charities and non-profits. The fact […]
Two members of the three-member National Credit Union Administration (NCUA) Board on Thursday in open session took issue with the agency’s budget proposal as drafted and said they would be seeking changes – including the […]
Credit unions would be permitted to include unpaid interest in loan workouts and modifications for all types of member loans – including commercial and business loans – under a rule proposed Thursday by their federal […]
Two new recommendations were made to the National Credit Union Administration (NCUA) in a recent audit report to help the agency improve the effectiveness of its information security and its privacy programs and practices, the […]
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