NCUA – Page 83 – Regulatory Report

What's up

[ April 4, 2025 ] Two banks need improvement in CRA compliance, but three earn ‘outstanding’ compliance ratings from FDIC FDIC
[ April 2, 2025 ] Call reports for first quarter due by month’s end; agencies prepare multi-factor ID for future submissions FDIC
[ April 2, 2025 ] Some non-centrally cleared bilateral repo data reporters get more time to comply with OFR rule Other
[ April 1, 2025 ] Fed terminates enforcement actions against California firms; prohibits one in Puerto Rico The Fed
[ April 1, 2025 ] FinCEN issuances focus on bulk cash smuggling into, out of Mexico; ISIS financing Other

NCUA details potential uses for COVID-19 emergency grants, loans to low-income credit unions

March 31, 2020 0

The federal credit union regulator Monday afternoon announced that of the money allocated for this year’s revolving loan fund activities, $4 million is designated for loans and $800,000 for grants so credit unions can help […]

CARES Act, signed last week, permits more credit union access to Central Liquidity Facility, more

March 31, 2020 0

The National Credit Union Administration (NCUA) and credit unions would have a few added authorities for dealing with the challenges posed amid the coronavirus pandemic under the Coronavirus Aid, Relief and Economic Security Act (CARES […]

$8.5 million available to low-income credit unions through revolving fund; COVID-19 response among permitted uses

March 31, 2020 0

A total of $8.5 million – “approximately” $7 million for loans and $1.5 million for grants – is being made available to qualified low-income-designated credit unions for coronavirus (COVID-19) pandemic response and other needs through […]

Credit union regulator outlines approach to exams, supervision during coronavirus crisis

March 30, 2020 0

Attention to credit unions experiencing problems, discussion with all supervised institutions, and continuation of offsite examinations are the three actions the federal credit union regulator is citing as priorities in confronting the coronavirus crisis, the […]

Last-minute relief: Agency extends comment date on proposal governing credit union acquisition of banks on day comments were due

March 30, 2020 0

Sweating over Monday’s deadline to submit your comment letter on “Combination Transactions with Non-Credit Unions?” No worries: take a breather, kick back, grab a cold one – the federal credit union regulator Monday gave you […]

Streamlined CDFI application process for credit unions opens March 29, NCUA says

March 27, 2020 0

Low-income-designated, federally insured credit unions will be able to access the National Credit Union Administration’s (NCUA) qualification process for “streamlined” community development financial institution (CDFI) certification beginning March 29 (Sunday), the agency said Thursday. Credit […]

Credit unions with questions about agency response to coronavirus crisis can tap into March 31 webinar

March 27, 2020 0

Recently issued guidance and changes to the examination program of the federal credit union regulator will be among the topics of a March 31 webinar about the agency’s response to the coronavirus crisis, the agency […]

UPDATED: Agencies postpone Friday webinar clarifying guidance on troubled debt restructuring in face of coronavirus crisis

March 27, 2020 0

The banking agencies postponed a joint webinar initially set for 2 p.m. ET Friday dealing with troubled debt restructuring (TDR) in the context of working constructively with borrowers affected by the coronavirus crisis. The agencies […]

Report: Treichel leaving NCUA executive director post early

March 26, 2020 0

The executive director of the federal credit union regulatory agency is leaving his post earlier than originally planned, a credit union industry trade report said Thursday. The National Credit Union Administration (NCUA) earlier announced that […]

Financial regulators encourage small-dollar lending amid coronavirus crisis; more guidance, lending principles to come

March 26, 2020 0

Banks, savings associations, and credit unions were urged in a statement by regulators Thursday to offer responsible small-dollar loans to consumers and small businesses in response to COVID-19, the illness caused by the novel coronavirus. […]

« 1 … 81 82 83 84 85 … 139 »

Two banks need improvement in CRA compliance, but three earn ‘outstanding’ compliance ratings from FDIC

April 4, 2025 0

Two banks earned ratings of “needs improvement,” and three others scores of “outstanding” — out of 61 total banks — for their compliance with anti-redlining regulations, the federal bank deposit insurance agency said Friday in releasing its April grades. The [...]
Call reports for first quarter due by month’s end; agencies prepare multi-factor ID for future submissions

April 2, 2025 0

Call reports for the first quarter – which contain no new data items – are due from banks in most cases by April 30, the federal banking agencies said Wednesday. However, the agencies advised in a financial institution letter (FIL), [...]
Some non-centrally cleared bilateral repo data reporters get more time to comply with OFR rule

April 2, 2025 0

Compliance deadlines for certain financial firms to report non-centrally cleared bilateral repurchase (NCCBR) agreement data to the Office of Federal Research (OFR) has been extended under a final rule published Wednesday in the Federal Register. Under the final rule, which [...]
Fed terminates enforcement actions against California firms; prohibits one in Puerto Rico

April 1, 2025 0

An enforcement action that dated back to 2022 against three Irvine, Calif., financial institutions has been terminated by the Federal Reserve, the agency said Tuesday. The Fed said its cease-and-desist actions against Allegiant United Holdings, Nano Financial Holdings, Inc., and [...]
FinCEN issuances focus on bulk cash smuggling into, out of Mexico; ISIS financing

April 1, 2025 0

Notices providing “red flags” to help financial institutions identify and report potential bulk cash smuggling across the U.S.-Mexico border and financing of ISIS were issued this week by the Financial Crimes Enforcement Network (FinCEN), Treasury’s financial crimes enforcement arm. The [...]
Three state financial institution regulators named to liaison group for Exam Council

April 1, 2025 0

Three state regulators have been named to serve on the liaison council to the umbrella group for federal financial regulators, the group announced Tuesday. The three named to the State Liaison Committee (SLC) of the Federal Financial Institutions Examination Council [...]
March disclosure shows 8 banks rated ‘outstanding’ for CRA

April 1, 2025 0

Eighteen banks’ Community Reinvestment Act (CRA) ratings from the national bank regulator became public in March, and of those, eight were ratings of “outstanding” and 10 were “satisfactory,” the agency said. The banks’ CRA evaluation “public disclosure” reports, available on [...]
OCC reverses course on climate-related principles; large banks no longer must follow

March 31, 2025 0

Large financial institutions will no longer have to deal with principles for climate-related financial risk management under a decision issued Monday by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said the principles (adopted in [...]
Bureau follows law, makes 2024 loan level data under HMDA available

March 31, 2025 0

Loan-level information for 2024 filed by banks but edited to protect consumer privacy was released Monday by the federal consumer financial protection agency, as required by law. The data, collected under the Home Mortgage Disclosure Act (HMDA) Modified Loan Application [...]