Two interim final rules to give regulatory relief, as well as temporary real estate appraisal relief, to credit unions through Dec. 31 of this year amid the ongoing coronavirus (COVID-19) pandemic were adopted unanimously by […]
Updates to the manual used to guide examinations of banks’ and credit unions’ compliance with Bank Secrecy Act/anti-money laundering (BSA/AML) requirements – to promote transparency but setting no new requirements – were released Wednesday by […]
Temporary deferrals on real estate-related appraisals and evaluations under federal banking agencies’ interagency appraisal regulations were issued late Tuesday for up to 120 days. The National Credit Union Administration (NCUA) Board is considering a similar […]
Drawing attention to the cybersecurity risks associated with the increasing incidence of remote work, conference calls, and video meetings during the coronavirus crisis, a “risk alert” was issued Tuesday by the federal credit union regulator […]
Eliminating the six-month waiting period for new members to receive a loan is one of several “enhancements” for the lending arm of the federal credit union regulator that was approved by the agency’s board Monday. […]
The National Credit Union Administration (NCUA) Board will hold an open meeting, with members of the public able to view the meeting online via webcast only due to the coronavirus pandemic. The open meeting agenda […]
A webinar aimed at increasing awareness among the general public of the benefits of federal deposit and share insurance – particularly during the coronavirus crisis – will be held jointly Thursday from 2 to 3 […]
Most of its congressional appropriation for community development – more than $1.37 million – will be committed to assisting credit unions in dealing with the coronavirus crisis, the federal credit union regulator said Monday. In […]
Rules related to regulatory relief in response to the coronavirus crisis, as well as those implementing legislative changes related to the agency’s liquidity facility for credit unions, are on the agenda for the board of […]
Eight key portions of legislation enacted in late March to bolster the economy (including workers and businesses) that affect credit unions and their operations are outlined in a Tuesday letter to the institutions from their […]
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