NASCUS - The State Credit Union System

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CONGRATULATIONS

Ron McDaniel, 2018 Pierre Jay Award honoree

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.

Top Stories

Judge denies request to delay payday lending rule
Aug. 15, 2018 -- A federal judge again sided with consumer groups when he denied a request by the BCFP and a group representing payday lenders, to delay the agency’s payday lending rule. READ

FAQs by NCUA address reg relief law (EGRRCPA); NASCUS Report

Aug. 10, 2018 -- NCUA issued a series of "frequently asked questions" this week about the new regulatory relief laws enacted two months ago; also this week: first 2018 LTCU focuses on exam initiatives; states urge feds to allow service to marijuana businesses; bureau wants fintech teamwork; and more! READ

Treasury releases report on fintech and nonbank financial institutions
Aug. 1, 2018 -- Yesterday, the U.S. Department of the Treasury released a report with recommendations to improve the regulatory landscape for fintechs and nonbank financial institutions. The “Report on Nonbank Financials, Fintech, and Innovation” is Treasury’s fourth report in response to Executive Order 13772. Issued by President Trump in February 2017, the Executive Order requires Treasury to identify laws and regulations that are inconsistent with the Core Principles for financial regulation it set forth. READ

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