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.
A second item has been added to the agenda for a closed meeting of the National Credit Union Administration (NCUA) Board when it meets Wednesday – this one regarding a supervisory action. According to NCUA, […]
A correction to indicate the proper referral to the Code of Federal Regulations (CFR) for changes about how equity distributions can be made will be issued by the federal credit union regulator. In filings Monday […]
The National Credit Union Administration (NCUA) Board has two action items on its open meeting agenda for March 15. One deals with federal credit union bylaws, the other addresses proposed suspension and debarment procedures. The […]
The National Credit Union Administration Board Wednesday re-scheduled its March closed meeting to March 14, starting at 1:30 p.m. ET, the agency said in a release. The meeting had been scheduled for March 15. The […]
Legislation expanding the frequency, scope and coverage of annual regulatory reviews by the federal financial institution regulators was easily passed by the House Tuesday, 264 – 143. The Comprehensive Regulatory Review Act (H.R. 4607) would […]
Credit union performance improved marginally in 2017 over the previous year, but nonetheless showed continued, consistent positive net income and net worth, year-end numbers from the federal credit union regulator showed Monday. Year-end (and fourth […]
Representatives from the Federal Trade Commission (FTC) and National Credit Union Administration (NCUA) will discuss how consumers can safeguard their identities and personal finances from thieves during a March 7 Facebook Live event hosted on […]
A nearly $86 million-in-assets New Jersey credit union was liquidated by state banking authorities Wednesday, as the federal insurer of credit union savings was appointed the liquidating agent. The credit union had been in operation […]
A former director in Massachusetts pleaded guilty to an extortion charge, and a former employee in Wisconsin admitted to a theft, resulting in both being ordered to pay restitution to their credit unions by the […]
The federal consumer protection agency and the federal financial institution regulators are the subject of 10 recommendations made by the congressional watchdog, including assessing effectiveness of mortgage disclosure guidance and reporting rationales for their actions. […]
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