NCUA

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[ September 6, 2024 ] Mid-year numbers draw comments of ‘growing concern’ from credit union regulator’s leader NCUA
[ September 6, 2024 ] Banking agencies release Q3, Q4 CRA exam schedules FDIC
[ September 5, 2024 ] Banks build earnings by 11% in 2nd quarter, raking in $71 billion; loan balances up too FDIC
[ September 5, 2024 ] D.C. firm, with experience guiding other agencies, chosen to ‘assist, advise’ anti-sexual harassment plan FDIC
[ September 5, 2024 ] Fed seeks public input on discount window operations The Fed

Two prohibited from participating in credit unions

September 29, 2017 0

Two individuals were prohibited from “participating in the affairs” of any federally insured credit union, because of actions taken in August by the National Credit Union Administration (NCUA) and announced Friday. James Nathan Sheppard, a […]

Proposal gives insured credit unions a more practical approach in TV, radio ads

September 28, 2017 0

New rules for advertising credit unions’ federal insurance coverage status were proposed Thursday that the National Credit Union Administration (NCUA) said were aimed at restoring a balance in regulatory burden for credit unions vis-à-vis that […]

Board votes to merge funds by Oct. 1, setting stage for millions of $ in rebates

September 28, 2017 0

A fund set up to stabilize corporate credit unions in the wake of the economic downturn will be merged Oct. 1 with the National Credit Union Share Insurance Fund (NCUSIF), setting the stage for credit […]

Letter outlines updates to CECL FAQs – and reiterates ‘take steps in advance’

September 27, 2017 0

Credit unions need to take steps in advance to ensure they can implement the new “current expected credit loss” (CECL) accounting standard, even though the new standard doesn’t take effect until Dec. 31, 2021, the […]

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 […]

$39.5 million awarded to 56 CUs for community development

September 21, 2017 0

Awards totaling $39.5 million will be awarded to 56 federally insured credit unions from the Community Development Financial Institutions (CDFI) Fund, with nearly half (27) of the credit unions being first-time awardees, NCUA announced Thursday. According […]

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Mid-year numbers draw comments of ‘growing concern’ from credit union regulator’s leader

September 6, 2024 0

Growing signs of concern in loan performance, capital, and earnings as deposit levels have dropped are among the takeaways cited by the board chairman of the federal credit union regulator as his agency released mid-year financial performance numbers for the [...]
Banks build earnings by 11% in 2nd quarter, raking in $71 billion; loan balances up too

September 5, 2024 0

Earnings of more than $71 billion in the second quarter of 2024 – an 11% increase from the previous quarter – were posted by the nation’s banks, the federal insurer of bank deposits reported Thursday. The Federal Deposit Insurance Corp. [...]
D.C. firm, with experience guiding other agencies, chosen to ‘assist, advise’ anti-sexual harassment plan

September 5, 2024 0

A Washington, D.C.-based consulting firm will “assist and advise” an anti-sexual harassment plan at the federal bank deposit insurance agency, the agency said late Wednesday. The Federal Deposit Insurance Corp. (FDIC) said Boston Consulting Group (BCG) Federal Corp. of Washington [...]
Former bank CEO gets 24-plus years in clink for role in crypto theft scheme leading to $47 million loss

September 4, 2024 0

More than 24 years in prison were given to a former Kansas bank CEO for his part in embezzling millions through a cryptocurrency scheme at his former institution, which eventually failed last year, the federal bank deposit insurance agency said [...]
Credit union regulator hands out north of $3.5 million in awards to low-income institutions

September 4, 2024 0

Awards of more than $3.5 million to 135 low-income designated credit unions were announced Wednesday by the federal credit union regulator. The National Credit Union Administration (NCUA) said the awards, in grants, ranged from $1,100 to $100,000 to credit unions [...]
Two banks earn ‘needs improvement’ rating for anti-redlining rule compliance

September 4, 2024 0

Two of 54 banks received ratings of “needs improvement” recently for their compliance with anti-redlining rules, the federal insurer of bank deposits said Wednesday. The Federal Deposit Insurance Corp. (FDIC), however, also reported that the remaining 52 banks earning ratings [...]

Two prohibited from participating in credit unions

Proposal gives insured credit unions a more practical approach in TV, radio ads

Board votes to merge funds by Oct. 1, setting stage for millions of $ in rebates

Letter outlines updates to CECL FAQs – and reiterates ‘take steps in advance’

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

$39.5 million awarded to 56 CUs for community development

Board to decide on merging funds, distributions

Credit unions urged to take precautions as ‘Maria’ approaches

GRAPHIC: FCU charters issued; 1983-2017

New credit union chartered in CO to serve solar energy enthusiasts

Mid-year numbers draw comments of ‘growing concern’ from credit union regulator’s leader

Banks build earnings by 11% in 2nd quarter, raking in $71 billion; loan balances up too

D.C. firm, with experience guiding other agencies, chosen to ‘assist, advise’ anti-sexual harassment plan

Former bank CEO gets 24-plus years in clink for role in crypto theft scheme leading to $47 million loss

Credit union regulator hands out north of $3.5 million in awards to low-income institutions

Two banks earn ‘needs improvement’ rating for anti-redlining rule compliance