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.
PCC reporting allowed, NCUA clarifies in accounting bulletin
Sept. 21, 2016 -- In its first accounting bulletin in two years, NCUA has concluded that a credit union is permitted to use Private Company Council (PCC) alternative accounting reporting options when preparing Call Reports for filing with the agency. READ
Letters (and summaries) look at diversity, same-day ACH
Sept. 20, 2016 -- Preparation for same-day automated clearing house (ACH) payments under new rules that take effect this week, and voluntary diversity and inclusion policies and practices, are the subjects of two recent NCUA “Letters to Credit Unions” that have been summarized by NASCUS, and posted to the website. READ