NASCUS Report Archives

Comment letter urges focus on risks from consolidation, climate change rules

(Jan. 28, 2022) While acknowledging that industry consolidation and regulation related to climate change are two risks NCUA should consider in the context of its five-year strategic plan, NASCUS wrote to...

Proposal Requires Succession Planning for FCUs

(Jan. 28, 2022) Boards of federal credit unions (FCUs) would be required to “establish and adhere to” processes for succession planning under a proposal issued, on a 2-1 vote, by...

Harper reappointment now sits before full Senate

(Jan. 28, 2022) A vote by the full Senate is the next stop on the journey of the nomination of Todd Harper to be confirmed for another term on the...

Webinar highlights RBC, CCULR changes in call report

(Jan. 28, 2022) Changes to the first quarter call report for federally insured credit unions will be highlighted during a 90-minute webinar set for Feb. 10 by NCUA, the agency...

Exam council releases exam info request ‘best practices’

(Jan. 28, 2022) Best practices for requesting examination information from banks, credit unions and other federally supervised financial institutions, and a common authentication solution for secure access to the regulators’...

CFPB updates consumer reporting company list

(Jan. 28, 2022) A list of “dozens of specialty reporting companies that collect and sell access to people’s data” was released Thursday by the CFPB. The data collected, the agency...

AROUND THE STATES: IL CUs to realized nearly $1.9 million in fee credits

(Jan. 28, 2022) State chartered credit unions in Illinois will receive a fee credit of nearly $1.9 million from the state, based on regulatory fees collected in 2021 that exceeded...

NASCUS member reception at GAC set for March 1

(Jan. 28, 2022) NASCUS’ annual Member Reception at the CUNA Government Affairs Conference (GAC) is scheduled for March 1, from 5-7 p.m.; it is for NASCUS members only (and a...

BRIEFLY: 4 job openings in MA; CFPB seeks info on ‘junk fees;’ FDIC insurance director to retire; Agency selects new CLF president

(Jan. 28, 2022) Four new positions are being filled by the MA Division of Banks, the agency said this week. The MA openings include those for consumer protection examiner I...

NCUA issues ‘22 supervisory priorities topped by credit risk management, cybersecurity, payments

(Jan. 21, 2022) Credit risk management, cybersecurity and payment systems are the three top supervisory priorities for NCUA, the agency said this week. Additionally, the agency indicated it will also...

For states, exam recordings depend on state guidance

(Jan. 21, 2022) Under the last portion of the letter, on the agency’s exam program – and particularly on “recording of official meetings” – the letter holds a footnote stating...

Webinar today looks at vaccine mandate ruling

(Jan. 21, 2022) A free, members-only webinar outlining the impact of the U.S. Supreme Court’s (SCOTUS) decision striking down vaccine mandates for large employers – but also upholding a mandate...