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.
Title: Real Estate Appraisals Subject: Appraisals Agency: NCUA Status: Final rule Summary: The NCUA Board is amending the agency’s rule requiring real estate appraisals for certain transactions. The final rule accomplishes four objectives: increasing the […]
Title: Fidelity bonds for credit unions Subject: Fidelity bonds Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is finalizing a rule that amends its regulations regarding fidelity bonds for corporate credit unions and […]
New rules on fidelity bonds and real estate appraisals from the federal credit union regulator are set to take effect Oct. 22, according to Federal Register notices published Wednesday. The NCUA Board approved the two final rules […]
Common practices for assessing a credit union’s or bank’s money laundering/terrorist financing risk profile are outlined in a joint statement from federal financial institution regulators issued Monday, providing what the agencies said was a “risk-focused” […]
Effective oversight also entails looking at what an industry is doing right and recognizing the contributions of the people within that industry who are getting it right, the chairman of the board for the federal credit union regulator […]
A reprogramming of more than $5.3 million of the credit union regulator’s budget – paid for largely by lower-than-expected employee pay and benefits – was approved by the regulator’s board Thursday. Additionally, the board announced, […]
A final rule on fidelity bonds for credit unions and a proposed policy statement on treatment of prohibition actions for minor, past or youthful transgressions were approved by the credit union federal regulator Thursday. Meeting […]
A final rule for credit unions that raises to $1 million the threshold for commercial real estate transactions subject to required appraisals from state-certified appraisers was approved Thursday by the National Credit Union Administration (NCUA) […]
Two federal financial regulator boards hold meetings this week, and the chairman of the Federal Reserve Board talks about monetary policy 75 years after the global financial Bretton Woods agreement was reached. The Federal Deposit […]
Six credit unions will pay just more than $5,000 in civil money penalties (CMPs) for filing late call reports for the end of 2018, according to agreements the credit unions reached with their federal regulator. […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info