A one-basis-point reduction, from 1.39% to 1.38%, in the “normal operating level” (NOL) of the federal share (deposit) insurance fund for credit unions was approved by the National Credit Union Administration (NCUA) Board Thursday on […]
The operating fee schedule for 2019 fees to be paid by federal credit unions to their regulatory agency was sent by the agency Thursday via a Letter to Federal Credit Unions, which shows operating fees […]
The federal regulator of credit unions said in a release Friday that the $744.9 million in loss to the credit union federal share insurance fund in the in the first three quarters of 2018, resulting […]
The federal regulator of credit unions on Thursday approved recent changes to a Texas regulation on credit union member business lending (MBL), action that affirms the Texas regulator’s MBL regulation remains consistent with NCUA rules. […]
Federally insured credit unions will receive a $735.7 million “distribution” as early as July, the National Credit Union Administration (NCUA) Board was told Thursday, the result of a dividend from the federal insurance fund that […]
A notice of proposed rulemaking that could create new options for federally chartered credit unions offering “payday alternative loans” (PALs) is slated for consideration during the May 24 open meeting of the National Credit Union […]
The federal regulator of credit unions is publishing a correction to its February final rule on equity distributions from the fund that insures credit union member shares (deposits), revising a reference in the text that […]
Calculating and recording the distribution of nearly $736 million in equity from the federal insurance fund for credit unions is the aim of a new online resource offered by the insurance fund’s federal manager, the […]
A correction to indicate the proper referral to the Code of Federal Regulations (CFR) for changes about how equity distributions can be made will be issued by the federal credit union regulator. In filings Monday […]
Praising the distribution of nearly $736 million to credit unions this year, a member of the board of the federal credit union regulator compared credit unions’ experience to that of federally insured banks, which he […]
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