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.
A Texas credit union with more than $106.2 million in assets and 12,500 members was conserved Friday by the federal regulator; the agency, in a release, gave no reason for the conservatorship, nor did it […]
A thirty-day extension of the comment period on a proposed rule to expand the list of permissible activities and services of credit union service organizations (CUSOs) was announced Friday by the National Credit Union Administration […]
A stipulation and consent to cease and desist order from late February between a federal credit union in Michigan and its federal regulatory agency requires numerous improvements in the institution’s suspicious activity monitoring in compliance […]
The interagency council formed under the 2010 Dodd-Frank Act to identify risks to financial stability and respond to emerging threats is set to meet next Wednesday on climate change and its potential impact on stability, […]
An April 14 webinar on compliance with anti-money laundering laws and regulations affecting credit unions has been scheduled by their federal regulator, the agency said Thursday. The event, the National Credit Union Administration (NCUA) said, […]
Credit unions were urged to protect their members’ stimulus payments – and by extension, the reputation of their industry – under the recently enacted, $1.9 trillion American Rescue Plan from collection, garnishment, and the right […]
Some 2,000 credit unions with capital accounts in three failed corporate credit unions – U.S. Central Federal Credit Union, Members United Corporate FCU, and Southwest Corporate FCU – are slated to receive their share of […]
Provisions implementing a recent statutory extension of enhanced liquidity facility access and those delaying the effects of asset growth on a credit union’s regulatory and supervisory framework to 2023 – both aimed at helping credit […]
Title: Parts 700, 702, 708a, 708b, and 790, Asset Thresholds Pertaining to Large Credit Unions Subject: Asset thresholds for reporting Agency: NCUA Status: Interim final rule Summary: The interim final rule would temporarily mitigate costs […]
Title: Central Liquidity Facility Subject: CLF Agency: NCUA Status: Interim final rule Summary: In response to the enactment of the Consolidated Appropriations Act, 2021, (CAA) the NCUA Board (Board) is issuing this interim final rule […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info