Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
Two nominations for seats on the board of the federal credit union regulator are scheduled to be voted on by the Senate Banking Committee Tuesday, just before the panel hears testimony from the nation’s top […]
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 […]
“Unmodified” audit opinions were earned by the four funds administered by the federal credit union regulator, the agency announced Friday, making it the second federal financial institution regulator in as many days to announce so-called […]
Recent reports by a federal watchdog, and coverage in a national newspaper, of questions over spending by top officials at the federal credit union regulator were part of Thursday’s confirmation hearing by a Senate committee, […]
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 […]
Nominees for seats on the board of the federal credit union regulator both vowed to Senate Banking Committee members, during their joint confirmation hearing Thursday, that they would work to safeguard the continued safety and […]
Additional details from Office of Inspector General (OIG) investigations of reportedly lavish spending on travel, meal and alcohol expenditures by the agency’s board chairman and chief of staff have been posted on the website of […]
The coming week includes a mix of regulatory agency proceedings, congressional hearings and public remarks addressing federal financial institution regulators and their policies. First up here is the winding down of the public comment period […]
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