NCUA

What's up

[ November 21, 2024 ] Bureau finalizes rule extending supervision over digital payment wallet apps CFPB
[ November 21, 2024 ] Number of credit unions with low exam ratings rose in third quarter; strain on balance sheets, consumers, noted NCUA
[ November 21, 2024 ] CFPB publishes adjustments to thresholds under TILA, FCRA CFPB
[ November 21, 2024 ] Ex-CEO of failed Kansas bank prohibited from financial institutions after cryptocurrency scheme The Fed
[ November 18, 2024 ] Final rule provides ‘sharper scalpel’ of penalty, enforcement to foreign investment rules Other

Credit unions overall grow in first quarter, report shows, but expansion mostly limited to largest

June 7, 2022 0

Credit unions overall saw their assets, loans and savings totals grow in the first quarter, but ongoing challenges will combine to lower earnings, loan growth and credit quality over the rest of the year, their […]

Applications due in just three weeks for $1.5 million credit union community development grants

June 6, 2022 0

The deadline is June 24 for applying for more than $1.5 million in grants for underserved outreach and cybersecurity to eligible low-income-designated credit unions through a loan fund offered by the federal credit union regulator, […]

NCUA OIG finds no programs susceptible to ‘significant improper payments’

June 1, 2022 0

An Office of Inspector General (OIG) review of the federal credit union regulatory agency’s 2021 compliance under the 2019 Payment Integrity Information Act (PIIA) showed the agency had no programs susceptible to “significant improper payments,” […]

Worker prohibited after $2.2 million embezzlement from Arizona credit union

May 31, 2022 0

An alleged embezzlement of more than $2.2 million from a Winslow, Ariz., credit union has earned a former worker a prohibition from further service at any federally insured financial institution, the federal regulator said Tuesday. […]

Letter clarifies agency’s expectations for credit unions in using distributed ledger technologies; ‘good judgment’ at the top

May 25, 2022 0

Clarifying certain expectations for credit unions contemplating the use of new or emerging distributed ledger technologies (DLT) is the focus of a letter issued Wednesday to all of the federally insured cooperatives insured by the […]

« 1 … 27 28 29 30 31 … 135 »

Bureau finalizes rule extending supervision over digital payment wallet apps

November 21, 2024 0

Digital payment wallet apps handling more than 50 million transactions annually are subject to a final rule requiring them to follow federal law applied to banks, credit unions and other financial institutions already supervised by the federal consumer financial protection [...]
Number of credit unions with low exam ratings rose in third quarter; strain on balance sheets, consumers, noted

November 21, 2024 0

The number of the lowest-rated credit unions based on their exam scores rose in the third quarter, their federal regulator said Thursday, reflecting strains on balance sheets and their consumer members, according to the agency. That total includes nine troubled [...]
CFPB publishes adjustments to thresholds under TILA, FCRA

November 21, 2024 0

Two adjustments to thresholds under lending disclosure and credit reporting rules were announced Thursday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said the first threshold adjustment resulted from a final rule it issued amending [...]
Ex-CEO of failed Kansas bank prohibited from financial institutions after cryptocurrency scheme

November 21, 2024 0

The former CEO of a Kansas bank that failed after the embezzlement of $47.1 million in a cryptocurrency scheme has been prohibited permanently from serving at another federally insured financial institution, the Federal Reserve said Thursday. Shan Hanes, 53, of [...]
Final rule provides ‘sharper scalpel’ of penalty, enforcement to foreign investment rules

November 18, 2024 0

A final rule aimed at providing a “sharper scalpel” of penalty and enforcement provisions to rules governing foreign investment in the United States was issued Monday by the Treasury Department, the agency said. The rule enhances “certain procedures” of the [...]
More days allowed for commenting on deposit insurance recordkeeping for custodial accounts

November 18, 2024 0

Forty-five more days are now available for commenting on the proposed deposit insurance recordkeeping rule for banks’ third-party (custodial) accounts, the federal insurer of bank deposits said Monday. With the addition of 45 days, the comment period now extends to [...]

Credit unions overall grow in first quarter, report shows, but expansion mostly limited to largest

Applications due in just three weeks for $1.5 million credit union community development grants

NCUA OIG finds no programs susceptible to ‘significant improper payments’

Worker prohibited after $2.2 million embezzlement from Arizona credit union

Letter clarifies agency’s expectations for credit unions in using distributed ledger technologies; ‘good judgment’ at the top

Harper nomination to new NCUA Board term nearing Senate vote

Alleged fraud, poor BSA compliance factors in 3 recent credit union failures

Credit union regulator plans skimpy agenda for next board meeting, to hear quarterly insurance fund report

Credit union regulator praises House committee approval of bill providing oversight authority of third-party vendors

Bureau finalizes rule extending supervision over digital payment wallet apps

Number of credit unions with low exam ratings rose in third quarter; strain on balance sheets, consumers, noted

CFPB publishes adjustments to thresholds under TILA, FCRA

Ex-CEO of failed Kansas bank prohibited from financial institutions after cryptocurrency scheme

Final rule provides ‘sharper scalpel’ of penalty, enforcement to foreign investment rules

More days allowed for commenting on deposit insurance recordkeeping for custodial accounts