A letter outlining options for federal credit unions (FCUs) to conduct annual meetings virtually, or to postpone them, to promote the social distancing called for in connection with the coronavirus pandemic was issued Friday by […]
Federal and state regulators – in urging financial institutions to work with borrowers on the financial impact of the coronavirus crisis – on Sunday pledged a “hands off” policy for banks, credit unions, and savings […]
Federally insured credit unions looking for information to help them navigate the coronavirus (COVID-19) crisis can find resources and guidance via a new web page launched recently by the National Credit Union Administration (NCUA). Plans […]
A resource “hub” with curated information for business owners, employees, nonprofit, and community organizations impacted by the coronavirus (COVID-19) was launched Friday by the Federal Reserve Bank of New York. This web page is organized […]
Savings in federally insured credit unions are safe and sound in the face of the financial impact of the coronavirus crisis, the federal credit union regulator said Thursday, following in the footsteps of a similar […]
A change in an interpretive rule for lending to members of the military is outlined in a “letter to credit unions” issued by their federal regulator Wednesday, nearly three weeks after the change was made. […]
The National Credit Union Administration (NCUA) Board will meet in closed session on: a supervisory matter, which is closed pursuant to exemptions (4) and (8); and a personnel matter, closed pursuant to exemptions (2) and […]
Reactions by federal financial institution regulators – particularly the Federal Reserve – in response to the spread of the coronavirus’s financial impact over the past several days have been significant. Here’s a rundown with a […]
Strategies credit unions may consider when determining how to work with their members to address the impact and challenges of COVID-19, the coronavirus, are outlined in a new letter to credit unions sent to them […]
A temporary offsite examination program “posture” is being phased in by the federal credit union regulator in response to the spreading coronavirus as the agency gets ready for a full remote exam program taking effect […]
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