Federal credit union regulators, for now, have no plans to assess a premium on insured credit unions despite the deep decline from December 2019 to June 2020 in the equity ratio of the fund that […]
Next year is targeted for the official rollout of a new, modernized examination program from the federal regulator that will phase in applications by credit unions depending on their examination date, according to a briefing […]
A focus on “innovation” – through the creation of a separate department – is on the radar for yet another federal financial institution regulatory agency, this time the regulator of credit unions and with a […]
A second application round for credit unions seeking certification as community development financial institutions (CDFIs) is open at the National Credit Union Administration (NCUA) until Oct. 17, the agency said Monday. NCUA said that federally […]
Credit unions and banks along the Gulf Coast in the path of the new Hurricane Sally both received guidance from their respective federal regulators Monday. The National Credit Union Administration (NCUA) warned credit unions in […]
A “self-initiated” review by the inspector general’s office of the federal regulator of credit unions concludes that the agency should continue to seek statutory authority for direct examination and enforcement authority over credit unions’ third-party […]
Action finalizing an interim rule that provides a temporary provision to appraisal regulations for credit unions during the COVID-19 pandemic is one of four items slated for discussion during next Thursday’s open meeting of the […]
The National Credit Union Administration (NCUA) Board requests comments on the methodology used to determine the overhead transfer rate (OTR) used to determine the portion of the agency budget that will be funded from the […]
The National Credit Union Administration (NCUA) Board proposes to amend its regulation governing assessment of an annual operating fee to federal credit unions (FCUs). The proposed rule would exclude from the total assets upon which […]
Federal regulators have extended until Nov. 3 the public comment deadline on their proposed update to interagency questions and answers regarding flood insurance, the agencies announced recently. In a Sept. 1 release, the regulators – […]
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