NASCUS is the only organization exclusively dedicated to defending and advancing a strong state credit union system. Established in 1965, state credit union regulators formed NASCUS to promote the safety and soundness of state-chartered credit unions.
NASCUS Announces Signing of 2015 Cooperative Interstate Agreement for the Supervision of State-Chartered Credit Unions
May 18, 2015 – Nine states have signed an agreement to facilitate the ability of their state-chartered credit unions to operate across state lines. The agreement, the 2015 Cooperative Interstate Agreement for the Supervision of State-Chartered Credit Unions, was developed by the nine states in conjunction with the National Association of State Credit Union Supervisors (NASCUS). READ
NCUA Board Approves Request from Connecticut DOB for FISCUs to be Exempt from Provisions of CUSO Regulation
April 30, 2015 – The NCUA Board today approved the exemption of Federally Insured State Chartered Credit Unions in the state of Connecticut from provisions of the credit union service organization regulation (12 C.F.R. 712.3(d)(1), (2) and (3)). READ
NASCUS Files Comments on NCUA Proposed Risk-Based Capital Rule
April 27, 2015 – The National Association of State Credit Union Supervisors (NASCUS) filed comments today on the NCUA’s proposed changes to NCUA Rules and Regulations Parts 700-703; 713, 723, and 747 regarding prompt corrective action (PCA) and risk-based capital (RBC). This is the second proposal put forth by the NCUA on this important topic; the revised rule was presented at the NCUA’s Jan. 15 board meeting. READ