NCUA

What's up

[ April 18, 2025 ] 2 agencies OK Capital One-Discover Bank merger conditioned on Discover’s fixes to interchange fee practices, payment of $250 million in fines, $1.225 billion in restitution FDIC
[ April 18, 2025 ] Judge blocks firing of 90% of CFPB staff, at least for now, as she studies whether action violates previous order CFPB
[ April 18, 2025 ] Bridge bank, hypothetical failure scenario no longer required in resolution planning requirements for large banks FDIC
[ April 18, 2025 ] Fed proposes changes in stress tests, including by averaging results over two consecutive years The Fed
[ April 17, 2025 ] Deepfakes can be battled with updated guidance, rules, Fed governor asserts The Fed

Credit unions may see proposal on alternative capital this summer, regulatory agenda indicates

May 31, 2019 0

Proposed and final rules on such diverse topics as “subordinated debt/regulatory capital” and payday loans are expected to be addressed by the federal regulator of credit unions in the upcoming months. According to spring 2019 […]

2 former credit union employees barred; one of them to pay $1.2 million restitution

May 31, 2019 0

Two former employees of credit unions in Tennessee and New York were barred in May from future participation in the affairs of any federally insured financial institution, with one of those employees receiving a jail […]

Public Unit and Nonmember Shares

May 29, 2019 0

Title: Public Unit and Nonmember Shares Subject: Nonmember deposits Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is amending the NCUA’s public unit and nonmember share rule to allow federal credit unions (FCU) […]

NCUA’s nonmember deposits proposal in Federal Register Thursday, comments due late July

May 29, 2019 0

A comment deadline of July 29, or about that date, is slated for a proposed rule issued last week that would increase the amount of public unit and nonmember shares that could be held by […]

NCUA on board with June 18 flood insurance webinar by financial regulators

May 29, 2019 0

A release issued Wednesday by the federal regulator of credit unions affirms the agency’s planned participation in financial industry regulators’ June 18 webinar providing updates to the federal flood insurance rule. The one-hour webinar, set […]

In Alert, regulator tells credit unions they must accept private flood insurance for applicable loans

May 28, 2019 0

Private flood insurance policies for applicable loans must be accepted by credit unions beginning July 1, the board chairman for the federal regulator of credit unions said Tuesday. In a Regulatory Alert sent to all […]

Agency wants to revise ‘Profile’ with new questions about credit union benefit plans

May 28, 2019 0

Two questions intended to evaluate industry-wide exposure to employer-defined benefit plans will be added to credit union quarterly reports, according to a proposal by the institutions’ federal regulator. In filings Tuesday with the Federal Register, […]

« 1 … 100 101 102 103 104 … 140 »

2 agencies OK Capital One-Discover Bank merger conditioned on Discover’s fixes to interchange fee practices, payment of $250 million in fines, $1.225 billion in restitution

April 18, 2025 0

A merger of Discover Bank, Greenwood, Del., into Capital One, National Association, McLean, Va., was approved by two federal banking regulators Friday on condition that Discover Bank and its affiliates satisfy requirements of a consent order that cites “deficiencies” in [...]
Judge blocks firing of 90% of CFPB staff, at least for now, as she studies whether action violates previous order

April 18, 2025 0

A federal judge blocked the Trump administration’s plan to fire approximately 1,500 staff – about 90% — at the federal consumer financial protection agency Friday, saying she was considering whether the action violated a previous order she had issued. The [...]
Bridge bank, hypothetical failure scenario no longer required in resolution planning requirements for large banks

April 18, 2025 0

Resolution plans for large banks will no longer require the institutions to use a bridge bank strategy and a hypothetical failure scenario in the plan, the federal insurer of bank deposits said Friday. In a release, the Federal Deposit Insurance [...]
Fed proposes changes in stress tests, including by averaging results over two consecutive years

April 18, 2025 0

Changes in annual stress tests for large banks – including by averaging test results over two consecutive years – were issued for public comment late Thursday by the Federal Reserve. In a release, the agency said the proposed changes in [...]
Deepfakes can be battled with updated guidance, rules, Fed governor asserts

April 17, 2025 0

Deepfakes – replicating a person’s entire identity through artificial intelligence (AI) – are on the rise, a Federal Reserve Board governor said Thursday, but he said the phony IDs can be challenged by regulators with updated guidance and rules. Speaking [...]
OCC prohibits three from larger banks for alleged theft, fraud, funds misappropriation

April 17, 2025 0

Three prohibition orders against bankers who allegedly misappropriated funds, committed fraud or committed embezzlement were made public Thursday by the national bank regulator. The Office of the Comptroller of the Currency (OCC), in a release, said it has prohibited: Nick [...]

Credit unions may see proposal on alternative capital this summer, regulatory agenda indicates

2 former credit union employees barred; one of them to pay $1.2 million restitution

Public Unit and Nonmember Shares

NCUA’s nonmember deposits proposal in Federal Register Thursday, comments due late July

NCUA on board with June 18 flood insurance webinar by financial regulators

In Alert, regulator tells credit unions they must accept private flood insurance for applicable loans

Agency wants to revise ‘Profile’ with new questions about credit union benefit plans

Aids for credit union chartering, identifying low-income areas for service focus of CURE office at NCUA

More public unit and nonmember shares would be OK for credit unions under NCUA proposed rule

New agency external affairs director tapped by credit union regulator board chair

2 agencies OK Capital One-Discover Bank merger conditioned on Discover’s fixes to interchange fee practices, payment of $250 million in fines, $1.225 billion in restitution

Judge blocks firing of 90% of CFPB staff, at least for now, as she studies whether action violates previous order

Bridge bank, hypothetical failure scenario no longer required in resolution planning requirements for large banks

Fed proposes changes in stress tests, including by averaging results over two consecutive years

Deepfakes can be battled with updated guidance, rules, Fed governor asserts

OCC prohibits three from larger banks for alleged theft, fraud, funds misappropriation