A proposed rule on capitalization of interest related to the agency’s rules for credit union share insurance is slated for consideration next Thursday by the National Credit Union Administration (NCUA) Board, according to the published […]
Federal credit union regulators, for now, have no plans to assess a premium on insured credit unions despite the deep decline from December 2019 to June 2020 in the equity ratio of the fund that […]
Action finalizing an interim rule that provides a temporary provision to appraisal regulations for credit unions during the COVID-19 pandemic is one of four items slated for discussion during next Thursday’s open meeting of the […]
The signature card requirement necessary to show joint ownership of a federally insured account in a credit union could be satisfied by information contained in the account records under a rule proposed Thursday by the […]
The federal credit union regulatory agency’s recent sale of taxi medallion loans acquired through liquidations of credit unions was preceded by a “thorough” vetting of bidders to ensure only reputable firms dedicated to working in […]
The recently announced sale of the agency’s taxi medallion loan portfolio to Marblegate Asset Management LLC was the best option for meeting the agency’s statutory obligation to achieve the least long-term cost to the National […]
The four funds administered by the federal regulator of credit unions – the National Credit Union Share Insurance Fund (NCUSIF), the agency’s operating fund, the Central Liquidity Facility (CLF), and the Community Development Revolving Loan […]
Federally chartered credit unions (FCUs) have until April 15 to pay their 2020 operating fees to their federal regulator, which are generally higher than the 2019 fees, the regulator said Monday. The National Credit Union […]
A final rule likely providing for a new delay in implementation of a risk-based capital rule that applies to “complex” credit unions is slated for action next week by the National Credit Union Administration (NCUA) […]
A report is expected to be released this month on a material loss review of the now-closed CBS Employees Federal Credit Union (Studio City, Calif.), which is estimated to have cost the federal fund that […]
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