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 regulatory alert that gives credit unions an overview of final remittance rule changes adopted in May, and set to take effect July 21, was issued Wednesday by the institutions’ federal regulator. The final rule, […]
The departure of a top White House advisor on financial issues – and who oversaw the Trump administration’s nomination process for top financial regulators now in office – spurred a comment from the chairman of […]
Kyle Hauptman, a Senate committee staff aide and former member of President Donald Trump’s 2016 presidential transition team, would become the newest member of the federal credit union regulator’s board under an “intention to nominate” […]
The first batch of quarterly bank data since the declaration of the global health pandemic (the novel coronavirus, or COVID-19) is slated for release next week, which also brings – among other things – Federal Reserve […]
The $46.4 million-assets Southern Pine Credit Union in Valdosta, Ga., was placed into conservatorship Thursday by the National Credit Union Administration (NCUA) in consultation with the Georgia Department of Banking and Finance, the federal credit […]
June 30 is the deadline to apply for mentoring grants of up to $25,000 for small, low-income credit unions certified as minority depository institutions (MDIs), their federal regulator said Wednesday in a reminder. According to […]
Better understanding, and use, of the U.S. export credit agency by credit unions, primarily through education opportunities, is the stated aim of an agreement announced Tuesday by the federal credit union regulator and the credit […]
Earnings retention required for credit unions classified as adequately capitalized, and credit unions’ streamlined net worth restoration plans (NWRPs), are addressed in a letter to credit unions issued by their federal regulator Tuesday. In May, […]
An update on the impact of elder financial exploitation and scams related to the coronavirus (COVID-19) crisis will be explored in a Thursday (June 11) webinar hosted by the federal credit union regulator and featuring […]
A proposal allowing account records information other than a signature card to support the insured status of a joint ownership share account in a credit union was published in the Federal Register Friday with a […]
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