NASCUS Report Archives

NCUA Board Meeting Recap

Sept. 22, 2022 — NCUA held it’s first in-person board meeting since the start of the COVID-19 pandemic.  The board thanked the NCUA staff for all of their efforts. The...

Senate Committee Hearing: New Consumer Financial Products and the Impacts to Workers

Click on the image above to access a recording of the hearing. THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION, HYBRID FORMAT to conduct a...

Survey of Consumer Expectations: Inflation Expectations Continue Decline at the Short- Medium-, and Long-Term Horizons

September 12, 2022 — The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the August 2022 Survey of Consumer Expectations, which shows that inflation expectations continued...

CALLAHAN GRAPH OF THE WEEK: Liquidity Takes A Dive As Lending Ticks Up

Ongoing growth in home and auto lending means the industry is gradually shedding the high liquidity levels brought on by pandemic relief programs. Courtesy of CALLAHAN & ASSOCIATES | CREDITUNIONS.COM...

NCUA Q2 2022 Summary: Lending, Assets, Insured Shares and Deposits Continue Growth

NCUA Releases Second Quarter Credit Union System Performance Data Sept. 7, 2022 — According to the latest financial performance data released today by the National Credit Union Administration, total loans...

Fed’s Top Banking Regulator Signals Tougher Merger Reviews

Federal Reserve’s Michael Barr highlights priorities in initial public remarks Sept. 7, 2022—The Federal Reserve’s new regulatory chief said Wednesday that the central bank is considering how to more-closely scrutinize...

FBI Report: More Than $1.26B Stolen from Crypto Sector in Q1 2022

Cyber Criminals Increasingly Exploit Vulnerabilities in Decentralized Finance Platforms to Obtain Cryptocurrency, Causing Investors to Lose Money SUMMARY The FBI is warning investors cybercriminals are increasingly exploiting vulnerabilities in decentralized...

American Banker’s Inaugural List of Most Powerful Women in Credit Unions

August 29, 2022 — American Banker’s Most Powerful Women in Credit Unions celebrates the senior executives guiding the future of the credit union industry, while also examining issues of mentorship...

Who Are the Best Credit Unions to Work For in 2022?

August 30, 2022 — The Great Resignation has made it difficult for businesses to retain and attract talent, but the institutions on this year’s Best Credit Unions to Work For...

BofA, BMO Push to Close Racial Property Ownership Gap

Aug. 31, 2022 — Bank of America and BMO Harris are leaning into real estate aid with programs designed to close the racial property ownership gap. Bank of America launched...

Top Tips for Securing Board-Level Buy-In for Cybersecurity Awareness Campaigns

August 24, 2022 — With CyberSecurity Awareness month fast approaching, information security professionals and data protection managers will be looking at how to secure board-level buy-in for company-wide cybersecurity awareness...

From Callahan: Subordinated Debt Levels Surge After Regulatory Changes

Aug. 22, 2022 — Updated rules from the National Credit Union Administration have resulted in a massive jump in the number of credit unions issuing subordinated debt and the overall...