NCUA – Page 31 – Regulatory Report

What's up

[ November 25, 2024 ] Funding risk vulnerabilities remain ‘notable’ among banks, with some MMFs susceptible to runs, report contends The Fed
[ November 25, 2024 ] Prices for Reserve Banks’ ‘mature’ priced services up an average 2.8% for 2025, Fed says The Fed
[ 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

Credit union, bank regulators to host webinar on ‘youth workforce practitioners’

April 5, 2022 0

Youth workforce practitioners, and the banks and credit unions who develop them, are the focus of a webinar Aprll 14 hosted by the federal credit union regulator and the federal insurer of bank deposits, the […]

Based on CDC, other guidance, NCUA opens 2nd phase of return to onsite operations

April 5, 2022 0

Staff for the federal credit union regulatory agency may volunteer to work onsite, including conducting examination and supervision work at some credit unions, beginning April 11, according to a letter issued Tuesday. In a Letter […]

NCUA OIG gets passing grade in audit control peer review

April 1, 2022 0

Out of three possible ratings – pass, pass with deficiencies, or fail – the inspector general office of the federal credit union regulatory agency garnered a “pass” rating in a recent peer review of its […]

Prohibition order bars former NJ credit union employee

March 31, 2022 0

A former employee of Newark Firemen Federal Credit Union, Newark, N.J., has been prohibited from any future involvement in the affairs of a federally insured depository institution under a consent order announced Thursday by the […]

Credit union regulator funded $1.6 million in ’21 technical grants – but only filled one-third of financing requests

March 31, 2022 0

More than 100 technical assistance grants, totaling $1.6 million, were awarded by the federal credit union regulator to small institutions in 2021 – but that covered only about one-third of the requests for assistance it […]

Agency alerts credit unions of phishing, ‘smishing’ threats related to Ukraine war

March 24, 2022 0

Social engineering and phishing attacks are among the cyberattacks that credit unions should be wary of, particularly as the war in Ukraine continues, the institutions’ federal regulator said Thursday. In a risk alert, the National […]

Agencies propose to formalize rules allowing electronic means for admin proceedings

March 23, 2022 0

Updates intended to modernize policies and procedures for administrative proceedings at bank and credit union regulators were proposed Tuesday by the agencies. Specifically, the agencies said the proposal was intended to align the rules with […]

Letter offers clarity on impact of credit union ‘service facility’ final rule

March 18, 2022 0

Ownership requirements related to shared locations are the only change made for multiple-common-bond federal credit unions adding groups or underserved areas under a new rule that took effect late last year, the institutions’ federal regulator […]

Strategic, performance plans given green light by credit union regulator

March 17, 2022 0

A 2022 performance plan and a strategic plan covering the remainder of this year through 2026 were approved Thursday by the federal credit union regulator board during its regular monthly meeting. The performance plan, according […]

Corporate credit unions, performance plan up for consideration by regulator board

March 11, 2022 0

The agency’s annual strategic and performance plans will be up for consideration at the next meeting of the federal credit union regulator’s board March 17, the agency said Thursday. The board of the National Credit […]

« 1 … 29 30 31 32 33 … 135 »

Funding risk vulnerabilities remain ‘notable’ among banks, with some MMFs susceptible to runs, report contends

November 25, 2024 0

Vulnerabilities from funding risks remain “notable” for the nation’s banks and other institutions, according to a report issued Friday (Nov. 22), with such vehicles as money-market funds (MMFs) and other cash-management vehicles “remaining susceptible to runs owing to structural vulnerabilities.” [...]
Prices for Reserve Banks’ ‘mature’ priced services up an average 2.8% for 2025, Fed says

November 25, 2024 0

Fees for established, mature priced services the Federal Reserve Banks provide to banks and credit unions are rising on average by an estimated 2.8% beginning Jan. 1, excluding FedNow and Fedwire securities priced services, the central bank said Friday. The [...]
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 [...]