NCUA

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[ February 21, 2025 ] Report: NCUA management agrees to seek improved examiner-in-charge rotation policy compliance NCUA
[ February 21, 2025 ] FDIC updates list of entities seeking brokered deposits ‘primary purpose’ exception FDIC
[ February 20, 2025 ] GAO urges regulators to adopt rules on executive incentive compensation (after 14 years) FDIC
[ February 20, 2025 ] Barr offers seven risks to watch for in financial system, offers insights into his position to step down as supervisor, but remain on Fed Board The Fed
[ February 20, 2025 ] Exam council publishes change to interest-rate risk analysis, says to expect further changes in other areas Other

Agency moves its Southern Region office, asset management group, to new Austin location

October 16, 2024 0

A move across town is in the works for the southern region office of the federal credit union regulator, the agency said Wednesday. The National Credit Union Administration (NCUA) said its regional office, along with […]

Federal, state regulators jointly focus on meeting financial services needs of Hurricane Milton-affected areas

October 15, 2024 0

Federal financial institution regulators and Florida’s financial regulatory office teamed up in a joint statement Tuesday on their supervisory considerations in addressing the needs of customers and financial institutions affected by Hurricane Milton. In a […]

Agencies issue joint pronouncement on regulatory assistance in wake of Hurricane Helene

October 2, 2024 0

Federal financial institution regulatory agency efforts to assist banks, credit unions and their communities in areas stricken by Hurricane Helene shifted to a consolidated, coordinated approach Wednesday for regulatory relief as the regulators issued joint […]

Credit union regulator prohibits two for scheme to defraud, theft

September 30, 2024 0

Two former credit union workers have been prohibited by their federal regulator from future service in a federally insured financial institution, the regulator said Monday. The National Credit Union Administration (NCUA) said Monica Jackson, the […]

CECL tool for credit unions gets update addressing ‘life-of-loan’ factors

September 23, 2024 0

A tool credit unions may use in addressing current expected credit losses (CECL) accounting standards has been updated to provide “life-of-loan” factors, the federal regulator said Monday. The Simplified CECL Tool, the National Credit Union […]

UPDATED: Credit union regulator gives thumbs up on final rules for fair hiring, trust account insurance

September 19, 2024 0

Updated September 30, 2024 Final rules on fair hiring and simplification of federal share insurance for trust accounts were approved by the federal credit union regulator board at its meeting Thursday. Incorporated its Second Chance […]

OIG: Weaknesses flagged in latest review of NCUA info security program, practices

September 18, 2024 0

An inadequate information technology inventory, inconsistency in risk reviews and more are flagged in a recent, independent audit of the National Credit Union Administration’s (NCUA) information security program and practices. The agency’s Office of Inspector […]

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Report: NCUA management agrees to seek improved examiner-in-charge rotation policy compliance

February 21, 2025 0

A self-initiated audit of the agency’s compliance with its examiner-in-charge rotation policy and procedures found rotation occurred but identified several instances where it did not comply, according to a report by the agency’s inspector general office. The report by the [...]
FDIC updates list of entities seeking brokered deposits ‘primary purpose’ exception

February 21, 2025 0

After a long pause, the federal bank deposit insurer has resumed updating its list of notices of entities seeking a “primary purpose” exception under the agency’s brokered deposits regulation. Specifically, the four firms listed are seeking a primary purpose exception [...]
GAO urges regulators to adopt rules on executive incentive compensation (after 14 years)

February 20, 2025 0

Rules on incentive compensation, which figured into the demise of three large regional banks two years ago, should be finalized, according to a recommendation made by the congressional watchdog and published Thursday. The Government Accountability Office (GAO), in a report, [...]
Barr offers seven risks to watch for in financial system, offers insights into his position to step down as supervisor, but remain on Fed Board

February 20, 2025 0

Seven specific risks ahead for national bank regulators were outlined by the outgoing Federal Reserve’s top supervisor Thursday, as he also outlined his plans ahead. Federal Reserve Board Vice Chair for Supervision Michael Barr said the seven specific risks are: [...]
Exam council publishes change to interest-rate risk analysis, says to expect further changes in other areas

February 20, 2025 0

Changes to the interest-rate risk analysis page of the consolidated financial institution performance report were announced Thursday by the umbrella group for federal regulators. The changes, according to the Federal Financial Institution Examinations Council (FFIEC), are part of a previously [...]
Six prohibition orders issued by national bank regulator, along with agreements with two banks over ‘unsafe, unsound practices’

February 20, 2025 0

Six prohibition orders were issued by the national bank regulator so far in February, the agency said Thursday. Formal agreements were also reached with both Michigan and Connecticut banks, both the result of “unsafe or unsound purposes,” the Office of [...]

Agency moves its Southern Region office, asset management group, to new Austin location

Federal, state regulators jointly focus on meeting financial services needs of Hurricane Milton-affected areas

Agencies issue joint pronouncement on regulatory assistance in wake of Hurricane Helene

Credit union regulator prohibits two for scheme to defraud, theft

CECL tool for credit unions gets update addressing ‘life-of-loan’ factors

OIG: Weaknesses flagged in latest review of NCUA info security program, practices

Mid-year numbers draw comments of ‘growing concern’ from credit union regulator’s leader

Credit union regulator releases ombudsman annual report for 2023

Credit union regulator hands out north of $3.5 million in awards to low-income institutions

Report: NCUA management agrees to seek improved examiner-in-charge rotation policy compliance

FDIC updates list of entities seeking brokered deposits ‘primary purpose’ exception

GAO urges regulators to adopt rules on executive incentive compensation (after 14 years)

Barr offers seven risks to watch for in financial system, offers insights into his position to step down as supervisor, but remain on Fed Board

Exam council publishes change to interest-rate risk analysis, says to expect further changes in other areas

Six prohibition orders issued by national bank regulator, along with agreements with two banks over ‘unsafe, unsound practices’