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 federal regulator of credit unions on Tuesday published its 2021 open board meeting schedule, with the first meeting of the year set for Jan. 14, which could be the last board meeting over which […]
Following up on plans announced in the wake of reported ethics failings by former staffers, the National Credit Union Administration (NCUA) on Monday announced it has selected Elizabeth J. Fischmann as its first chief ethics […]
Federally insured credit unions (FICUs) saw total assets grow $37.8 billion, or 2.2%, to a total of $1.79 trillion in the quarter ending Sept. 30 and reported $11 billion in net income, according to data […]
Title: Capitalization of Interest in Connection with Loan Workouts and Modifications Subject: Loan workouts Agency: NCUA Status: Final rule; COVID response Summary: The NCUA Board (Board) seeks public comment on a proposed rule to amend […]
The president’s nomination of Kyle Hauptman to a seat on the board of the federal agency that regulates credit unions was confirmed by the Senate Wednesday on a bipartisan vote of 56-39, clearing the way […]
Two former credit union employees were barred from future participation in the affairs of any federally insured financial institution under orders announced Monday by the National Credit Union Administration (NCUA). The NCUA said that Jennifer […]
A new examination component evaluating market risk sensitivity is expected, according to indications by management, to move closer to being included in the federal credit union regulator’s examination system in 2021, according to the agency […]
Rodney Hood, the current chairman of the National Credit Union Administration (NCUA) Board, issued a brief statement Monday thanking J. Mark McWatters, who resigned Friday, for his service on the board. “Board Member Mark McWatters’ […]
Federally chartered credit unions may adopt or continue following a special bylaw authorized by their regulatory agency to facilitate remote annual membership, board, or special membership meetings in 2021, the agency said in a letter […]
Although only about 2.3% of federally insured credit unions responded to its voluntary diversity self-assessment survey in 2019, the federal credit union regulator heralded Friday the fact that participation in the survey has grown 46% […]
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