A new guide to minimum procedures for federally insured credit unions using the “other supervisory committee audits” option was issued Wednesday by the institutions’ federal regulator. The National Credit Union Administration (NCUA) said it issued […]
The NCUA Board proposes to amend its regulations governing the responsibilities of a federally insured credit union (FICU) to obtain an annual supervisory committee audit of the credit union. The proposal implements recommendations outlined in […]
Credit unions will be able to submit comments to their federal regulator until April 26 on a set of proposed revisions to the agency’s supervisory committee audit rules, according to a notice slated for publication […]
Title: Supervisory Committee Audits and Verifications Subject: Audits Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is amending its regulations governing the responsibilities of a federally insured credit union (FICU) to obtain an […]
Some simplification in credit union audit requirements – with a longstanding agency guide to be decommissioned in the process – was proposed and issued for public comment Thursday during an open meeting of the National […]
A briefing on financial regulators’ recent, joint final rule on flood insurance and a proposed rule on supervisory committee audits are the two items slated for discussion during the National Credit Union Administration (NCUA) Board […]
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