NCUA – Regulatory Report

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[ October 10, 2025 ] Fed to expand operational hours for two large payments systems beginning in 2028 The Fed
[ October 10, 2025 ] Guidance on capital instruments for MBOs lauded by national bank regulator, noting clarity offered OCC
[ October 9, 2025 ] FinCEN, financial institution regulators add answers to SAR frequently asked questions FDIC
[ October 9, 2025 ] No new data items for 3rd quarter call reports, but users will need to use new MFA logins FDIC
[ October 9, 2025 ] Agency bestows ‘senior bank examiner’ on 41-year veteran, who also serves as top inspector of Wells Fargo OCC

FinCEN, financial institution regulators add answers to SAR frequently asked questions

October 9, 2025 0

Bank Secrecy Act (BSA) regulatory requirements on the reporting of potential illegal transaction structuring activity are among those that regulators sought to clarify in their recent additions to their suspicious activity report (SAR) frequently asked […]

Small GA credit union merged out after 15-month conservatorship

October 2, 2025 0

1st Choice Credit Union of Atlanta, Ga., was merged into Hope Federal Credit Union, Jackson, Miss., Thursday following a nearly 15-month conservatorship by the National Credit Union Administration (NCUA). The NCUA on Thursday said the […]

Five former credit union workers – including two former chief executives — prohibited by federal agency

October 2, 2025 0

Five former credit union workers – including two former chief executives, and three from the same credit union – were prohibited from further service at any federally insured depository institution, the federal credit union regulator […]

NCUA notes some credit unions may be affected by shutdown, points to guidance

October 1, 2025 0

Reminding that the agency remains open and federal share insurance remains in effect during the current federal government shutdown, credit unions’ federal regulator Wednesday offered a brief list of how credit unions may prepare for […]

Lenders can issue loans subject to flood insurance laws during federal government shutdown; regulators explain how

October 1, 2025 0

Four federal financial institutions regulators issued a reminder Wednesday to lenders that they are still allowed to make loans subject to federal flood insurance laws when the National Flood Insurance Program (NFIP) is not available, […]

Noting NCUA’s ‘good track record,’ Hauptman still issues no-regulation-by-enforcement policy

October 1, 2025 0

Noting that his agency has a good track record in this area, the chairman of the federal credit union regulator on Wednesday nevertheless issued a “no-regulation-by-enforcement” policy that he said fulfills a goal he listed […]

‘More opportunities’ for some credit unions to snag $3.4 million in grants, agency claims

September 30, 2025 0

Citing “more opportunities” available through $3.4 million in a fund for low-income credit unions, their federal regulator Wednesday said more of them should “review their eligibility” for applying for grants. In a release, the National […]

NCUA erases reputation risk from consideration in supervision, exams of credit unions

September 26, 2025 0

The federal credit union regulator said it is no longer using reputation risk “and equivalent concepts” in its examination and supervisory process. The action by the National Credit Union Administration (NCUA), announced Thursday, follows similar […]

UPDATED: NCUA proposes 20.6% budget reduction, largely fueled by staff cuts, to $313.8 million for 2026

September 25, 2025 0

Updated to include new Federal Register notice. Comments are due Oct. 24 on the federal credit union regulator’s proposed 2026-2027 budget, which includes a 20.6% reduction from 2025 to 2026 – fueled mostly by a […]

NCUSIF at 1.28% in June, 1.3% expected by year-end; separation program costs pegged at $13.6 million in 2025

September 22, 2025 0

The fund that insures member deposits, or “shares,” in credit unions had an equity ratio of 1.28% of insured shares as of June 30, down from 1.3% at year-end 2024, according to a report Thursday. […]

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Fed to expand operational hours for two large payments systems beginning in 2028

October 10, 2025 0

Sundays and weekday holidays will now be open for transactions through two of the central bank’s largest payments services, starting no earlier than 2028, the agency said late Thursday. The Fedwire (R ) Funds Service (FFS) and the National Settlement [...]
Guidance on capital instruments for MBOs lauded by national bank regulator, noting clarity offered

October 10, 2025 0

Providing clarity on capital instruments for mutual banking organizations (MBOs) through Federal Reserve guidance was lauded by the national bank regulator late Thursday. In a statement, Comptroller of the Currency Jonathon Gould said the Oct. 8 “additional tier 1 term [...]
FinCEN, financial institution regulators add answers to SAR frequently asked questions

October 9, 2025 0

Bank Secrecy Act (BSA) regulatory requirements on the reporting of potential illegal transaction structuring activity are among those that regulators sought to clarify in their recent additions to their suspicious activity report (SAR) frequently asked questions (FAQs). The FAQs focus [...]
No new data items for 3rd quarter call reports, but users will need to use new MFA logins

October 9, 2025 0

No new data items are included in its latest call report forms released Thursday, the federal bank deposit insurance agency said, but new multifactor authorization (MFA) is being added, the agency said. According to the Federal Deposit Insurance Corp. (FDIC), [...]
Agency bestows ‘senior bank examiner’ on 41-year veteran, who also serves as top inspector of Wells Fargo

October 9, 2025 0

A 41-year veteran of the national bank regulator is now a “senior national bank examiner” for her agency, the agency said late Wednesday. Jennifer Crosthwaite was bestowed the designation by the Office of the Comptroller of the Currency (OCC). According [...]
Former FDIC Board member finally lands at Treasury after Senate confirmation

October 8, 2025 0

From the board of the federal bank deposit insurance agency, to nominee to run the federal consumer financial protection agency, Jonathon McKernan has now bounced to be the next top Treasury liaison to financial institutions after his confirmation by the [...]
Bank regulators push forward to ban use of ‘reputation risk,’ focus on material financial risks, with two proposals

October 7, 2025 0

Banning use of reputation risk by regulators and focusing supervision on material financial risks are both subjects of proposals issued Tuesday by two federal bank regulators Tuesday. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit [...]
Treasury deputy-under-secretary-in-waiting named, for now, to handle deputy secretary duties

October 7, 2025 0

Derek Theurer was appointed to “perform the duties” of Treasury deputy secretary, Treasury Secretary Scott Bessent announced Tuesday. Theurer has been serving as counselor, assisting Bessent on global and domestic tax issues, while awaiting confirmation to the post of deputy [...]