Following up on plans announced in the wake of reported ethics failings by former staffers, the National Credit Union Administration (NCUA) on Monday announced it has selected Elizabeth J. Fischmann as its first chief ethics […]
Federally insured credit unions (FICUs) saw total assets grow $37.8 billion, or 2.2%, to a total of $1.79 trillion in the quarter ending Sept. 30 and reported $11 billion in net income, according to data […]
Title: Capitalization of Interest in Connection with Loan Workouts and Modifications Subject: Loan workouts Agency: NCUA Status: Final rule; COVID response Summary: The NCUA Board (Board) seeks public comment on a proposed rule to amend […]
The president’s nomination of Kyle Hauptman to a seat on the board of the federal agency that regulates credit unions was confirmed by the Senate Wednesday on a bipartisan vote of 56-39, clearing the way […]
Two former credit union employees were barred from future participation in the affairs of any federally insured financial institution under orders announced Monday by the National Credit Union Administration (NCUA). The NCUA said that Jennifer […]
The National Credit Union Administration (NCUA) is accepting written comments on its draft 2021-2022 budget. (The NCUA Board is expected to vote on a final budget Dec. 17.) The budget justification is published on the […]
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’ […]
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