USVI – Regulatory Report

What's up

[ January 29, 2026 ] OCC agrees to clarify which documents from Basel Committee recommendations be treated as records OCC
[ January 29, 2026 ] Banks have until April 1 to comply with revised digital FDIC insurance sign rules FDIC
[ January 29, 2026 ] Fed Board appoints 7 to insurance policy advisory group The Fed
[ January 27, 2026 ] Round 4 of credit union dereg push focuses on non-member savings, cancellation of excess insurance, max borrowing authority, disclosure of insurance coverage NCUA
[ January 27, 2026 ] NCUA announces 2026 leadership team list NCUA

Agency outlines resources, assistance available to hurricane-affected CUs in Puerto Rico, USVI

September 27, 2017 0

The 13 federally insured credit unions in hurricane-ravaged Puerto Rico and the Virgin Islands have access to resources, including grants, the National Credit Union Administration (NCUA) said in a notice Tuesday. The credit union agency […]

OCC agrees to clarify which documents from Basel Committee recommendations be treated as records

January 29, 2026 0

Clarifying which documents created for, or received from, the international committee that advocates bank capital standards should be treated as records by the national bank regulator was recommended by the congressional watchdog said Thursday. In a report of findings, the [...]
Banks have until April 1 to comply with revised digital FDIC insurance sign rules

January 29, 2026 0

A final rule amending regulations for the digital display of a bank’s federally insured status is set to take effect March 2, with compliance required by April 1, according to a notice Thursday in the Federal Register. The rule, approved [...]
Fed Board appoints 7 to insurance policy advisory group

January 29, 2026 0

Seven members were selected to serve three-year terms on a panel that provides information and advice to the Federal Reserve Board on domestic and international insurance issues, the Fed announced Thursday. The seven members include four new members and three [...]
Round 4 of credit union dereg push focuses on non-member savings, cancellation of excess insurance, max borrowing authority, disclosure of insurance coverage

January 27, 2026 0

A fourth set of proposals to reduce credit union regulation was issued Tuesday by the federal regulator, focusing on non-member savings accounts, cancellation of supplemental deposit insurance, maximum borrowing authority and disclosure of savings insurance coverage. The National Credit Union [...]
NCUA announces 2026 leadership team list

January 27, 2026 0

The federal credit union regulator announced its top leaders and staff in a release Monday. National Credit Union Administration (NCUA) Board Chairman Kyle Hauptman, a Republican, has been the agency’s lone board member since President Donald Trump’s (R) firings last [...]
‘Repurposing’ of ‘unspent, past years’ budgets’ leads to lower credit union fees to fund agency

January 23, 2026 0

Fees paid by credit unions in 2026 to fund their federal regulator will fall by an average of 24.6%, the agency said Friday, calling this the result of reductions in staffing, rearrangement of expenses and crediting of “unspent collections” of [...]
Small CA credit union conserved by NCUA

January 23, 2026 0

The $16.5 million-in-assets Beverly Hills City Employees Federal Credit Union, Beverly Hills, Calif., was conserved Thursday by the National Credit Union Administration (NCUA), the agency said in a release. In its announcement late Thursday, the NCUA said member services will [...]