The federal fund that insures savings in credit unions saw its equity ratio rise four basis points (bp) in the final six months of 2020 to 1.26%, growth that occurred only amid continuing pressure from […]
While four funds administered by the federal credit union regulator all earned unmodified or “clean” audit opinions for 2020, the agency’s inspector general still outlined a number of 2021 challenges for credit unions that could […]
A final rule on what records can be used to support the insured status of a joint ownership share account is slated for action during an open meeting to be held virtually next Thursday by […]
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 2021-2022 draft budget for the federal credit union regulator – totaling $342.5 million in 2021 and $364.2 million in 2022 – has been published online, is the subject of a public budget briefing scheduled […]
A proposed rule on capitalization of interest related to the agency’s rules for credit union share insurance is slated for consideration next Thursday by the National Credit Union Administration (NCUA) Board, according to the published […]
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 […]
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 signature card requirement necessary to show joint ownership of a federally insured account in a credit union could be satisfied by information contained in the account records under a rule proposed Thursday by the […]
The federal credit union regulatory agency’s recent sale of taxi medallion loans acquired through liquidations of credit unions was preceded by a “thorough” vetting of bidders to ensure only reputable firms dedicated to working in […]
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