NASCUS Report Archives
Summary outlines ANPR on financial records access
(Dec. 4, 2020) The CFPB’s proposal to develop a rule on consumer access to financial records has been summarized by NASCUS and is posted on the website; the summary –...
Bureau finalizes advisory opinions policy (summary published)
(Dec. 4, 2020) Credit unions, banks and other entities questioning whether to comply with regulatory requirements can submit a request to the CFPB to clear up any uncertainty, the agency...
Another board seat filled – at the Federal Reserve
(Dec. 4, 2020) Following the Senate’s action to fill out the membership of the NCUA Board, on Thursday the Senate filled one of two empty seats on the Federal Reserve...
Utah’s regulator latest to earn accreditation
(Dec. 4, 2020) The Utah Department of Financial Institutions (DFI) is the latest state credit union regulator to earn accreditation from NASCUS, the association announced this week. The Utah DFI,...
TRANSITIONS: In LA, Ducrest retires; In KS, Hurt begins
(Dec. 4, 2020) John Ducrest, long-time (since 2004) Louisiana commissioner of financial institutions in the state’s Office of Financial Institutions (OFI), has retired, effective Dec. 2. Among many other contributions to...
HAVE YOU … Become acquainted with CU Campus 365?
(Dec. 4, 2020) CU Campus 365 is an alliance between NASCUS and BAI, the industry leader in compliance training, with a history of more than 95 years in the financial services...
HAVE YOU … Submitted a nomination for the 2020 Pierre Jay Award?
(Dec. 4, 2020) Nominations for the NASCUS 2020 Pierre Jay Award – which recognizes the individuals, programs or organizations whose contributions have benefited the state credit union system in a significant way –...
CUs: Watch your email for ’21 membership dues invoices
(Dec. 4, 2020) NASCUS credit union members will receive their 2021 membership dues via email invoices next week, arriving from the address of [email protected]; subject line will be “NASCUS 2021...
BRIEFLY: Banking agencies urge stop to LIBOR use now
(Dec. 4, 2020) Banks, “as soon as practicable,” should cease entering into new contracts that employ LIBOR as a reference rate in loan contracts, the three federal banking agencies said...
Change is here for NCUA Board (with more on the way soon)
(Nov. 25, 2020) Change is coming to the NCUA Board in the next 10 days or so, following change that already occurred late last week with the resignation of one...
Ito: Thanks to McWatters
(Nov. 25, 2020) NASCUS President and CEO Lucy Ito expressed the state system’s thanks to McWatters for his efforts as both a member and chairman of the NCUA Board for...
Reform for board will take congressional action
(Nov. 25, 2020) With changes coming to the membership of the NCUA Board, NASCUS believes now is a good time to consider some changes in how the NCUA Board is...