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.
The draft budget justification detailing the federal credit union regulator’s plans for an overall 9.5% increase in its budget in 2024, and another 9.9% increase for 2025, is out for public comment until Nov. 21. […]
Title: The NCUA Staff Draft 2024-2025 Budget Justification Subject: Agency funding Agency: NCUA Status: Notice Summary: The NCUA’s staff draft “detailed business-type budget” is being made available for public review as required by federal statute. […]
Both credit unions and their federal regulator have the “need and ability” to improve their efforts toward diversity, equity and inclusion (DEI), the agency’s leader said Wednesday in a speech to a “summit” on the […]
A former worker at an Upper Marlboro, Md., credit union was prohibited as a result of debit card fraud from future service at a federally insured bank or credit union in October, the federal regulator […]
Spending of $394.5 million in 2024 is being proposed by the federal credit union regulator, an increase of 9.5% from the previous year, the agency said Thursday. The National Credit Union Administration (NCUA) also announced […]
Title: Simplification of Share Insurance Rules Subject: Share insurance; trust accounts, MSAs Agency: NCUA Status: Proposed rule Summary: The NCUA Board (Board) is seeking comment on proposed amendments to its regulations governing share insurance coverage. […]
Credit unions should begin decreasing overdraft fees – or drop them altogether — the top federal regulator of the institutions said in a speech late Tuesday. In remarks to a credit union group meeting in […]
A proposal to add a new section to the agency’s rules and regulations that incorporates current policy allowing individuals convicted of certain minor offense to work in the credit union industry without applying for approval […]
A proposal that would conform the agency’s own federal share insurance coverage rules with changes implemented in 2022 by the federal bank deposit insurance agency were issued for comment Thursday by the National Credit Union […]
The resumption this month of federal student loan repayments may lead to difficulty for credit union members in their ability to repay other outstanding loans, and the federal credit union regulator said in a letter […]
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