NASCUS Report Archives
Take a breather: More time to comment on digital assets
(Oct. 1, 2021) More time – 30 days – is allowed for comments on NCUA’s request for information (RFI) about the impact of activities connected to digital assets and related...
Inaugural ‘CURE’ event covers key issues
(Oct. 1, 2021) Payments systems, digital currencies, transition by large credit unions to specialized oversight by NCUA, the evolution of mortgage servicing in the wake of the Great Recession, and...
BRIEFLY: Chopra confirmed as CFPB director; Ito on diversity panel
(Oct. 1, 2021) Rohit Chopra is now the permanent director of the CFPB, with a five-year term, thanks to a 50-48 vote by the Senate on Thursday. He took a...
Proposal gives LICUs more room on sub debt
(Sept. 24, 2021) A proposed change to the new subordinated debt rule to accommodate credit union access to federal investment programs – but making no other changes to the rule...
Board agrees to consider finalizing three rules
(Sept. 24, 2021) Earlier in the meeting, the NCUA Board voted – 2-1, with Harper the “no” vote – to act on three outstanding proposed rules over the span of...
Ito acknowledges changes needed to sub debt rule
(Sept. 24, 2021) NASCUS President and CEO Lucy Ito agreed with the NCUA Board for proposing the secondary capital changes to the subordinated debt rule scheduled to take effect at the...
NASCUS: Review of state biz loan rule highlights need for dialogue
(Sept. 24, 2021) In yet more action at its Thursday meeting, the NCUA Board approved a state member business lending rule in Oregon for exemption from NCUA’s revised member business...
7 new positions approved for NCUA after budget review
(Sept. 24, 2021) In other action Thursday, the NCUA Board: Approved “midsession budget review” action that will use a $15 million 2021 budget surplus (realized through savings on curtailed travel...
States hold slight edge in total savings, loans
(Sept. 24, 2021) Savings expanded at a slightly quicker pace at state-chartered credit unions than at federal credit unions in the first half of the year, while lending at federals...
States, FCUs split membership in CUAC
(Sept. 24, 2021) Four representatives of state-chartered credit unions are joining four representatives of federal credit unions as members of the CFPB’s Credit Union Advisory Council (CUAC), according to an...
AROUND THE STATES: In LA, living the CU mission
(Sept. 24, 2021) Credit unions have long prided themselves as the financial institutions that put consumer members and communities first – and responses to last month’s hurricane by a Louisiana...
Upcoming CURE, Exchange events bolster dual charter
(Sept. 24, 2021) Two key events from NASCUS aimed at supporting and building the credit union dual chartering system are coming up over the next several weeks, part of the...