NCUA

What's up

[ January 15, 2025 ] ‘Modest’ growth in lending reported as year ended; delinquencies still a concern The Fed
[ January 14, 2025 ] Alleging that consumers were cheated out of $2 billion in interest, bureau files lawsuit against 11th largest bank CFPB
[ January 14, 2025 ] 3 former Wells execs fined a combined $18.5M in penalties; concludes action begun in 2020 OCC
[ January 14, 2025 ] Federal, state bank, credit union regulators issue joint statement on supervisory impact of California wildfires FDIC
[ January 14, 2025 ] Gruenberg, on way out door, raises red flag about non-bank activities, expecting increased financial stability risk FDIC

Credit union agency sets Jan. 24 deadline for strategic plan comments

December 15, 2021 0

Comments are due Jan. 24 on the 2022-26 strategic plan for the federal credit union regulator, the agency said Wednesday. The National Credit Union Administration (NCUA) said it is specifically looking for comments on the […]

OIG finds NCUA’s COVID-19 work posture took into account expert guidance, reliable info

December 13, 2021 0

A self-initiated inspector general review of the federal credit union regulator’s work posture during the COVID-19 pandemic shows the agency “took actions designed to protect the health and safety of staff in response to COVID-19 […]

New top exam executive named at credit union regulator, replacing retiring director

December 13, 2021 0

Kelly Lay is the new top examination executive for the federal credit union regulator, the agency announced Monday, replacing the retiring top staffer at the start of the year. The National Credit Union Administration said […]

Agency budget, final rule on servicing rights up for NCUA Board action; NCUSIF normal op level, CCULR also slated

December 9, 2021 0

The federal credit union regulatory agency’s 2022 budget and a final rule on mortgage servicing rights are two of five items slated for consideration by the agency’s board during its open meeting next week. Also […]

Credit unions improved net worth, kept profitability margins stable, during third quarter

December 6, 2021 0

Credit unions improved their net worth ratios in the third quarter compared to the previous quarter, and kept their return on aggregate average assets stable, according to call report results released Monday by their federal […]

NCUA’s schedule of other assets, contributed capital earns clean audit opinion

December 3, 2021 0

The federal credit union regulator’s schedule of other assets and contributed capital as of Sept. 30, 2021, presents information fairly and in conformity with U.S. generally accepted accounting principles (GAAP), the agency’s Office of Inspector […]

Bank, credit union regulators update BSA/AML exam manual

December 1, 2021 0

One new section and updates to three sections of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual were released Wednesday by the umbrella Federal Financial Institutions Examination Council (FFIEC), which includes federal and state financial […]

« 1 … 37 38 39 40 41 … 137 »

‘Modest’ growth in lending reported as year ended; delinquencies still a concern

January 15, 2025 0

Modest growth in lending was reported across Federal Reserve districts in late November and December, tracking what most districts called “moderate” or “modest” economic growth, according to the latest Beige Book released Wednesday by the Federal Reserve. According to the [...]
Alleging that consumers were cheated out of $2 billion in interest, bureau files lawsuit against 11th largest bank

January 14, 2025 0

Millions of consumers were allegedly cheated out of more than $2 billion in interest by one of the largest banks in the nation, according to a lawsuit made public Tuesday by the federal consumer financial protection agency. The lawsuit filed [...]
3 former Wells execs fined a combined $18.5M in penalties; concludes action begun in 2020

January 14, 2025 0

The national bank regulator on Tuesday ordered three former Wells Fargo, N.A., executives to pay a combined $18.5 million in civil money penalties (CMPs) for sales practices misconduct, concluding action initiated in 2020 against 11 individuals in a case stemming [...]
Federal, state bank, credit union regulators issue joint statement on supervisory impact of California wildfires

January 14, 2025 0

A statement on supervisory practices affecting banks and credit unions in areas of California ravaged by wildfires was issued Tuesday by federal banking and credit union regulators, along with the California financial institution supervisor. The statement, affecting national and state [...]
Gruenberg, on way out door, raises red flag about non-bank activities, expecting increased financial stability risk

January 14, 2025 0

The proliferation of activities of non-bank financial institutions – including their risk to financial stability – are of particular concern to the outgoing board chairman of the bank deposit insurance agency, he said in remarks Tuesday. Martin J. Gruenberg, who [...]

Credit union agency sets Jan. 24 deadline for strategic plan comments

OIG finds NCUA’s COVID-19 work posture took into account expert guidance, reliable info

New top exam executive named at credit union regulator, replacing retiring director

Agency budget, final rule on servicing rights up for NCUA Board action; NCUSIF normal op level, CCULR also slated

Credit unions improved net worth, kept profitability margins stable, during third quarter

NCUA’s schedule of other assets, contributed capital earns clean audit opinion

Bank, credit union regulators update BSA/AML exam manual

Credit unions reminded that Reg Z threshold adjustments take effect Jan. 1

Pair of former credit union employees prohibited from future service

NCUA final rule on federal credit union ‘service facility’ kicks in Dec. 27

‘Modest’ growth in lending reported as year ended; delinquencies still a concern

Alleging that consumers were cheated out of $2 billion in interest, bureau files lawsuit against 11th largest bank

3 former Wells execs fined a combined $18.5M in penalties; concludes action begun in 2020

Federal, state bank, credit union regulators issue joint statement on supervisory impact of California wildfires

Gruenberg, on way out door, raises red flag about non-bank activities, expecting increased financial stability risk